I appreciated hourly when I was expected to work over 40 hours a week relatively frequently (if I have a major equity stake it wouldn't matter). That company a

I appreciated hourly when I was expected to work over 40 hours a week relatively frequently (if I have a major equity stake it wouldn't matter). That company also billed my time hourly, though, so if I hadn't gotten paid when they were getting paid extra for my effort above-and-beyond I'd definitely have felt exploited. I prefer to take a salary when I trust the management not to abuse my time. Hourly pay aligns my interests and my boss', but adds friction and effort. Salary is a sign of trust that makes my life easier, but if it means the company expects me to burn myself out it'll end up hurting us both as my productivity suffers and I become resentful.