Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

In a battle of hourly vs salary, which prevails? We take a look at the advantages and disadvantages of each. It can seem more prestigious to be in a salaried position, maybe more because of what it used to mean that because of what it means now. It used to mean white collar, benefits, an office. Some salaried positions still offer those things but they’re not automatic. How Many Hours? This is the big question when you’re considering hourly vs salary. In some cases, employees are exempt from overtime laws, including commissioned salespeople, drivers, farm workers, and administrative, executive, and professional employees. This is the sticking point because many of you reading this would be classified as one of those last three. Currently, even salaried employees who make less than $23,660 per year are eligible for overtime. The Department of Labor is considering changing that to make anyone, even those once considered exempt, earning less than $50,440, eligible. If you’re a non-exempt hourly employee, yo