Question

What is the difference between a salary and an hourly wage? everfi

Answer 1

Hourly wage is the amount of currency the person is being paid each hour. Salary on the other hand is the amount of money a person is being paid yearly.

Step-by-step explanation:

Answer 2

For jobs completed during the working day, salaries are hourly or regular payments. The key distinction between wages and hourly wages is that both the employer and the employee agree that wages are a fixed payment. On the other hand, salaries can vary based on hours worked and results.

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