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Pros/Cons of Hourly-based Workplace

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In your opinion, what are the pros and cons, or even the costs and benefits of an hourly-wage based workplace?

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Solution Summary

This solution discusses the pros/cons, costs/benefits of an hourly - wage based workplace.

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The pros of an hourly-wage based workplace include the ability to schedule employees based on need, avoid paying benefits, and rapidly increase labor pool as needed. Also, hours can be adjusted based on need for the job. If business is slow, an hourly employee can be scheduled for less time, if business is good, employment can be increased. With salary employees the cost is fixed, and does not increase unless the employee receives a pay increase or is on commission. An hourly person's ...

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Sally Baldwin, Ed.D
Education
  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
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