1. List three positions where wages are paid in terms of an annual salary. Why do these positions pay a salary instead of an hourly wage?
2. List three positions where wages are paid in terms of an hourly rate. Why do these positions pay an hourly rate instead of a salary?
3. Which law regulates the determination of the form of compensation? What are the legal requirements for a position that pays a salary? Why do you think this law
was established?
