provide an example of the most common type of pay in companies.

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Expert Solution

The most common variety of pay within the company is “Salary”

A worker could be an employee is paid set quantity of cash by a employer. For instance, a salaried worker would possibly earn $80,000/year. Salaried workers usually paid by a daily, bi-weekly, or monthly cheque.

The disadvantages to a salary position, for instance, you're usually unable to earn overtime pay, meaning you frequently work additional hours for no further wage. it's additionally tougher to separate home and work life after you have a wage position.

But Salaried positions guarantee a dependable, exact, and expected quantity on every cheque. this will give a way of security to a salaried worker along with advantages typically transcend tending to incorporate retirement contributions and paid vacations.

Salaried positions typically have the next perceived standing and job titles that appear a lot of skilled. A history containing skilled job titles will function a lot of marketable foundation for future professionally-oriented jobs.

keosha answered 3 hours ago

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