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Ok for those of you have been hourly or salary, What do you prefer?
I prefer salaried because I get benefits. As long as I'm not being asked to work ridiculous hours, salaried is the way to go. The cost of health insurance on the open market is so high that the extra money I make by working hourly doesn't cover the difference. I come out with less after paying for insurance myself.
Being hourly at McDonald's as a crew member is much different from being hourly as a nurse (with OT, benefits, holiday pay, differential, etc).
I have never had a salary position, but I am going to school to be a nurse. I MUCH rather be hourly (with sick leave and vacation time and benefits, obviously). I want to get paid for EVERY minute of work that I do as well as have the opportunity to make more money working OT rather than having to get a second job. I like that I don't have to come into work five days a week whereas many hourly jobs you can work three or four days/week and still be considered full-time. Companies often take advantage of their salary workers as they know they don't have to pay them more for more work (not so if you are an hourly worker!), and many salary positions require workers to take some work home (not so if you are hourly...usually).
A lot of people make the mistake in assuming that if you are an hourly worker, if you call off, you don't get paid. Not true. As long as you have the PTO/sick time (which accrues quickly...I have almost 200 hours), you get paid your base rate.
I prefer salaried because I get benefits. As long as I'm not being asked to work ridiculous hours, salaried is the way to go. The cost of health insurance on the open market is so high that the extra money I make by working hourly doesn't cover the difference. I come out with less after paying for insurance myself.
Uh...hourly workers can and oftentimes do get benefits as well!
Though I work for "free" on some occasions when working over 40 hrs and not getting paid, I like knowing I will get a set amount in my check every week, regardless if we are slow or not. If we have no work, the hourly guys get sent home so they don't hit the overhead.
I miss being in engineering consulting. We were in a weird exempt category that we got straight time over 40.
I am salaried. The expectation at our company is 45 hour/weeks. I am in a position where I only work 40. Many technical employees work 50+ hour weeks, and my immediate manager has been working 60/hour weeks for six straight months. I certainly wouldn't work 60 hour weeks routinely. Salaried is often code for very long hours.
I'm currently in an hourly position but spent my whole career as a salaried employee (other than when I was a temp). I much prefer salaried but mainly because there are many times I forgot to clock in or out, or forget to clock out for lunch entirely. I'm HORRIBLE at using that stupid clock. *lol* However, my boss is aware of this issue and is okay with me doing at least 1-2 timecard corrections each week.
I keep telling her that if she'd switch me to exempt it would save us a lot of hassle, but she doesn't have the power to make that kind of change since we work for a very large organization. The only way it could happen is if she changes my actual title and position to something in the exempt category.
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