Posted by Raja on Monday, June 6, 2011 at 7:43am.
When one works on a salary basis, there is no pay for extra time (overtime) even if that is done. When one is on a h ourly pay, then one IS paid for overtime. (This is also from personal experience.)
Please see some of the following sites:
http://search.yahoo.com/search?fr=mcafee&p=principle+difference+between+executive+pay+and+non-executive+pay
Read the fine print before you sign any contract! For the next part of your post, several searches turned up nothing. But one can not question the difference. That is the advantage of being an executive and thus setting the compensation between the 2 types of workers.
Sra
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