Salary vs Hourly Pay — Which One Is Better in the Long Run?

[Grayson]

Hi everyone,
I’ve been working hourly most of my life, but I was recently offered a salary-based job and I’m trying to understand the pros and cons. The role is a traveling medical assistant position, Monday–Friday, 9–5, with no weekends. Gas is reimbursed based on mileage, and it’s a W2 position with PTO and sick leave accruing.


It honestly sounds great, but I’m wondering if it’s too good to be true or if there are things I should look out for. For context, I currently make $54k annually on hourly pay, and they are offering $72k salary, which seems like a big jump.

 

[isabel]

An office job with a salary may be more beneficial in the long term as the number of hours really remains the same, as you receive fixed income, paid leave and benefits. Simply ensure that there is no ulterior motive of overtime work, in the case of a 9 am to 5 pm position with mileage allowance, $72k would be a great upgrade of the $54k.

 

[Gsusangrey]

Salaries are generally better for long-term financial security because of their consistent income, which makes budgeting easier, and because they typically include extensive benefits (such as insurance, retirement plans, and paid time off) that greatly increase net worth.

 

[Sophie]

The stability, fixed income, and benefits of salary and hence long term planning is simplified. Under hourly pay, flexibility and overtime incomes are provided. Salary is less prone to changes in the long-run, and hourly because the former can earn more.

 

[peterkavinsky]

Salary offers stability, predictable income, and better benefits, while hourly pay can earn more during overtime and allows flexibility. The better option depends on your goals—choose salary for security, and hourly pay if you prefer earning based on hours worked.

 

[nikhilrajoria]

Salary provides into the system stability, predictable revenue, and sometimes superior benefits. Hourly wages are less predictable and may attract an increased amount of overtime.

 

[Mayank]

Salary offers consistent income, benefits, and job stability, while hourly pay provides flexibility and overtime opportunities. Long-term, salary is often better for financial planning and career growth, whereas hourly pay suits those valuing control over work hours and extra earnings.