Question

What are 4 benefits of earning a sufficient income through an employment?
quick answer pls

Answer 1

The Advantages & Disadvantages of Salary

If you grew up in a working-class family, you were either a traitor or a family miracle if you decided to become a salaried worker. Every kid had that one union-member uncle, ditch-digging father or factory-working grandfather who constantly berated them for not taking every educational advantage. "You want to grow up to be a ditch-digger like me? Get cracking on those books!" Salaried work was clean shirts and feet on desks. In other words, Nirvana. But is a salaried position everything it is cracked up to be?

Advantages

• Salaried employees receive an equal portion of their annual compensation every week.
• Starting salaries often begin far enough above hourly rates to be able to afford a down payment on a house or car.
• You gain authority, prestige and responsibility.
• If you have less experience or education than other job applicants, taking a salaried shift-leader role may allow you to overcome those deficits and qualify you for a better position in the future.

Disadvantages

• Many salaried employees are not eligible for overtime pay, no matter how many extra hours they may work.
• Many salaried workers are on-call every day, all week. If an hourly employee cannot work, salaried employees often have to fill those hours themselves.
• Miss benchmarks and you lose bonuses.
• As the senior hourly employee, you had protection from layoffs. As the newest salaried employee, however, you are first in line to be fired or laid off during any downsizing.