#6 Hourly Pay the True Cost of Employee Labor?
Hourly Pay the True Cost of Employee Labor?
6. The implications of paying employees hourly.
There are a number of implications to paying employees hourly. Perhaps the most obvious one is that it can lead to employees feeling like they are being treated like children. They may feel that their employer does not trust them to work on their own and that they are being micromanaged. This can lead to resentment and can ultimately make it more difficult to retain good employees. Another implication is that it can lead to employees working fewer hours. If they feel like they are being watched constantly, they may be less likely to stay late or come in early. This can lead to a decline in productivity and may also make it more difficult to complete tasks or meet deadlines. Finally, paying employees hourly can also lead to a feeling of insecurity. Employees may feel like they could be let go at any time, which can make them less likely to take chances or be innovative. This can ultimately stifle creativity and prevent businesses from reaching their full potential.
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