straight time versus hourly rate?
Question:
Answers:
None!
Your hourly rate is straight time unless you work over 40 hours in a week with certain exception explained in the Fair Labor Standards Act of 1938 (FLSA)
Then the overtime rate is 1.5 times your straight time or hourly rate, or commonly referred to as time and a half.
Some places pay the time and a half for Saturdays and double time for Sundays, this is usually the result of a negotiation between the management and the labor union, it is NOT mandated by law.
A salaried position is totally different than being paid hourly rate or straight time, the answer below (by nytrauma911) is NOT accurate.
A salaried position gets paid a set amount for a certain number of hours and nothing more is paid even if more hours are required on occasion.
Other Answers:
You are paid by the hour or you are paid a set wage for a job regardless of the time spent doing it.
None that i kow of, i'm kinda lost on the straight time thing, never really heard of it
Hourly rate you get paid by the hours you work. ex: $13.00 @ 8 hrs. Straight time is salaried, you get say $500.00 a week whether you work 40 hrs or 50 hrs. Some jobs will take advantage of you when you work straight time, they will have you doing 100+ hrs in two weeks and you only get paid for 80.
one is you can make more the more hours that you put in the outher is no matter how many hours you work you will be paid the same happy day
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