List three positions where wages are paid in terms of anannual salary. Why do these positions pay a salaryinstead of an hourlywage?

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Obtain a recent copy of the Sunday newspaper for a large cityin the United States. (Note:Some of the major metropolitan newspapers can be found in libraries and bookstores all overthe country.) Use the job postings to write an essay in whichyoucompletethetasksandanswerthequestions below:

1. List three positions where wages are paid in terms of anannual salary. Why do these positions pay a salaryinstead of an hourlywage?

2. List three positions where wages are paid in terms of anhourly rate. Why do these positions pay an hourly rateinstead of asalary?

3. Which law regulates the determination of the form of compensation? What are the legal requirements for aposition that pays a salary? Why do you think this lawwasestablished?

4. List three positions where wages are paid in another form besides salary or hourly. What are the other formsof compensation? Why do you think these specific methods have been chosen? How are these methods ofcompensation more or less effective that hourly or salary wages?

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