Paolo
Wed Sep 11 2024
|
6 answers
1289
What is fixed monthly pay?
Excuse me, could you please elaborate on the concept of "fixed monthly pay"? I'm interested in understanding how it differs from other forms of compensation, such as variable pay or hourly wages. Specifically, how does it work in terms of ensuring a consistent income for employees, and what are some of the advantages and potential drawbacks of such a payment structure? Also, is it common in all industries, or is it more prevalent in certain sectors? Thank you for your time.
