Keisha has been working as an hourly employee at a large marketing firm for several years. She is an excellent employee and hopes to one day move from an hourly wage to a salary. If Keisha does move from hourly to salary, how will she most likely be paid?
A. • with a monthly amount paid bi-yearly in two large lump sums
B. • with a weekly amount based on the days that she works
C. • with a.daily amount based on the hours that she works
D. • with an annual amount paid in monthly or bi-weekly payments
D. • with an annual amount paid in monthly or bi-weekly payments
To determine how Keisha will most likely be paid if she moves from an hourly wage to a salary, we need to understand how different payment structures work.
A. Paying a monthly amount bi-yearly in two large lump sums is not a common practice. It would be highly unlikely for Keisha to be paid this way.
B. Paying a weekly amount based on the days she works is typically associated with an hourly wage, where employees are paid for the hours they work. It is not the typical pay structure for a salaried employee.
C. Paying a daily amount based on the hours she works is similar to an hourly wage structure and is also not the typical method of payment for a salaried employee.
D. Paying an annual amount in monthly or bi-weekly payments is the most common payment structure for salaried employees. This means that Keisha will receive a fixed amount of money each year and it will be divided into equal monthly or bi-weekly payments.
Therefore, the answer is D. Keisha will most likely be paid with an annual amount paid in monthly or bi-weekly payments if she moves from an hourly wage to a salary.