Hourly Wage vs. Salary: Differences, Pros & Cons

You have a lot of decisions to make when you hire an employee. One of the biggest is deciding whether to structure the role as a salaried or hourly employee. How you pay an employee―in addition to how much―could determine whom you can attract to the role and how the employee impacts your business’s finances long-term.

In this guide, we’ll explain the difference between hourly wage versus salary pay, the pros and cons of each and how to determine which is best for your business.

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