Receiving compensation based on hours worked

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Question

Consider the differences between receiving compensation based on hours worked (wages) versus based on a defined job (salary), which of the following is likely to be true? Salaried jobs would likely have more variability than wage-based jobs. Salaried employees are always paid more than hourly employees. Wage based jobs tend to qualify for overtime pay based on working more than 40 hours. Employees who receive wages earn more than salaried jobs.

Reference no: EM133733401

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