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Hourly pay: is it profitable?

Today, there are many ways to reward employees. Recently, hourly pay has become increasingly popular. Is it profitable? In the West, this form of payroll has long taken a leading position in the labor market. With us, this type of wage is just beginning to be introduced, Telegraph reports.

There are several types of hourly pay. Simple hourly pay is a fixed cost per hour of work. The result in such a system does not matter. Wages are issued for the hours worked. If the volume and quality of work matters, a bonus is paid. Another type of hourly payment is payment with a standardized task. This form is used in areas where the norm exists, and quality indicators are established.

What is the advantage of this form of remuneration? If you often linger at work, such effort will be rewarded. You can also combine several jobs in which you will know exactly what salary awaits you.

But with such payment, the complexity is the calculation of wages for each employee. In addition, a lot depends on the schedule and type of work. For individual work, it is necessary to establish a specific payment rate.

In any case, you must immediately clarify the conditions and method of payment, so as not to be deceived and not work "for a good word."

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