Tyrone has been offered a job at an accounting firm, but he has heard from others who work there that hours are long, particularly during tax preparation season. Knowing this, Tyrone requested an equivalent hourly rate. Was this a good decision?

Question

Responses

No, salaries generally have a higher hourly rate on average.

No, jobs with hourly rates usually do not include benefits.

Yes, given that there is likely to be a lot of overtime, an hourly rate is better.

Yes, because the employee generally gets to determine the structure of their pay.

Answer 1

Yes, given that there is likely to be a lot of overtime, an hourly rate is better.

By requesting an equivalent hourly rate, Tyrone is ensuring that he is compensated for extra hours worked, especially during busy periods like tax preparation season. This can provide him with more financial security if he is expected to work beyond a standard workweek. An hourly wage can also offer flexibility in terms of how he schedules his work and potentially earn more through overtime pay, which can be beneficial in demanding periods.