How to Compare Hourly vs Salary
A straight salary-to-hourly conversion misses key factors. Hourly workers often earn overtime pay (1.5x), while salaried workers may work extra hours for free. Benefits like health insurance, retirement matching, and PTO can add 20-40% to total compensation.
Consider Non-Financial Factors
Salary positions often offer more stability, career advancement, and comprehensive benefits. Hourly positions may offer overtime opportunity, schedule flexibility, and clear work-life boundaries.