Question

Your brother received two job offers. One offers a regular wage, and the other offers hourly pay. Both are 40-hour-per-week jobs. The wage job includes two weeks of paid vacation, but the hourly job offers only unpaid vacation. The annual salary for the wage job is $35,000. The hourly job pays $17 per hour. Which job pays more?

Answer 1

The job with the fixed wage is better and pays more.

Explanation:

The annual salary for the fixed wage job is $35,000 and the hourly job is $35,360 because 17x40(no of hours needed to work in a week) x52(no of weeks in a year)

The salary of 2 weeks on the hourly job is $1360 and the paid job offers paid vacation for 2 weeks so $35,360 - $1360 is $34,000 and that is $1000 less than the wage job.