Wages in a capitalist economy usually depend on financial productivity, not necessarily on the intrinsic importance or value of an employee's work. That explains why professional football players ...
When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay ...
In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.
As an employer, you sometimes need to convert a salary to an hourly rate. This happens when you pay an employee on a salary basis who is not exempt from the provisions of the Fair Labor Standards Act.