Keren Dinkin

Author’s Articles

What Is Piece-Rate Pay?

Piece-rate pay is a billing arrangement where clients provide compensation based on the number of pieces of completed output. It has its own advantages and disadvantages on both the business and client sides, who will agree on the rate of every piece of output.

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What Is PPTO vs PTO?

U.S. companies are not obliged to give employees PTO or Paid Time Off, which they can use for vacation, sick days, or mental health days. On the other hand, PPTO, Paid Personal Time Off, or protected paid time off is required by law.

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OOO vs PTO

Employees in the U.S. usually get paid time off (PTO), which is a type of benefit where an employee asks for time off work but still gets paid for it. Out-of-office (OOO), or vacation days, are a type of PTO where an employee takes personal time off.

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Hourly Rate vs Flat Rate

There are two basic billing structures, the flat rate and the hourly rate. A flat rate means you are paid for the whole project, no matter how short or long, while an hourly rate means the billing is according to the number of hours it took to complete the project.

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Exempt vs Non-Exempt California

Employees in California are classified as exempt or non-exempt, which determines their duties and pay structure. The state classifies employees as exempt when their annual salary is at least $58,240, while those who earn less will be considered non-exempt.

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FTO vs PTO

U.S. companies provide employees with Paid Time Off (PTO), which is a specific number of hours they can use however they want. FTO (Flexible Time Off) is also called Flexible PTO. FTO is unlimited time off that employees can use as needed for vacation or in cases of sickness.

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