Comments on: Does Your Salary Match Your True Hourly Wage?

By: David--Your finances101

David--Your finances101 — Thu, 13 Aug 2009 02:21:41 +0000

I couldn’t have said it better myself–this is exactly why I walked away from my $60K a year job (great) for which I had to work about 75 hours a week(awful). And it was in the restuarant biz so those hours were not spent behind a desk, at all.

Much more comfortable now at my $50K a year, 40 hour a week job.

The key term in your post to me, was comfortable. As long as I am that, I could care less about anything else.

By: DoneToZen

DoneToZen — Wed, 12 Aug 2009 21:39:11 +0000

There seems to be a disturbing trend with companies expecting salaried workers to work more than 40 hours a week (or maybe I’m just “lucky” that way?). According to my boss, 45-50 hours a week is “normal”/expected of me, and I’m only being worked to death/have a right to complain if I had averaged more than 55+ hours a week for at least three months.

By: Dawn

Dawn — Wed, 12 Aug 2009 16:58:15 +0000

I took a voluntary pay cut when I had my older daughter almost 6 years ago and I now work part time from home (rather than crazy hours at the office). Now, I pay my mom a significant portion of my salary to watch my kids three afternoons each week, but I figure I gross about $25 per hour after childcare costs. It’s not fantastic (especially since I now work some oddball hours), but I get to stay with my kids and bring in a little money, which is great.

By: Tyler

Tyler — Wed, 12 Aug 2009 16:33:36 +0000

Yes. My company’s overtime policy is you must work 4 hours over your weekly schedule, and the time must be a minimum of 2 hours in a day, to receive the overtime pay. In addition, time can be flexed over a two week period. So in my time here, I have not worked over 80 hours in two weeks without being compensated for it.

By: david

david — Wed, 12 Aug 2009 15:42:43 +0000

That’s exactly what I am talking about – giving your time in exchange for nothing. Too many people do that every day!

By: Annie Jones

Annie Jones — Wed, 12 Aug 2009 15:28:46 +0000

I’m a stay-at-home wife and grandmother, and although I don’t get monetary pay, the intrinsic rewards I get are worth my time.

Back when I worked outside the home, I would never take a job that was salaried rather than hourly. Even the higher level administrative jobs I held paid hourly. I was hired to work IN RETURN FOR being paid, and was always a diligent worker when I was on the clock. But I did not give my time to my employer for free. Ever.