different benefits between salaried and hourly employees
Salaried employees can work as many hours as the employer requires, but do so for a set amount of money per week, month or year. In the retail industry, entry-level and other non-management workers are often paid on an hourly basis, whereas those in management will sometimes be paid a salary.
This decision is not always an easy one to make. Various options exist as far as how the business owner can proceed with establishing a pay plan. Differences between the compensation strategy of hourly and salaried employees can help the employer decide which is the most appropriate. Putting together a retail industry pay plan requires that the employer first have strong grasp of the differences between salaried and employees paid hourly. Employees paid on an hourly basis receive a wage for each hour of work they perform.