It is where you do not have any over time and do not get paid by the hour. So if you work 60 hours, you only get the regular salary based on 40 hours. Most management jobs are salaried, for example, retail managers, restaurant managers,controllers, etc. Many professions are salaried - lawyers, accountants, and doctors (in clinics).Essentially, these people are paid an annual salary to do "whatever it takes" to complete the job successfully. They don't collect overtime, even if they work 80 hours a week. For the most part, salaried people make more than others, but work more than 40 hours per week. Legally to be salaried, you must either a) supervise at least 3 other people including hire/fire decisions or b) be a professional or an outside sales person.
You can be, it depends. Whether or not you are a salaried employee is something that you should know based on the way you get paid and your work schedule. If you get paid hourly, you are not a salaried employee.Whether you are salaried depends on your job duties ... not on how often you get paid. All overtime exempt employees must be paid for full days. Still, one could work three or four days a week at a properly salaried exempt job and be a part-timer.
If an employee is salaried then they have a fixed amount of pay per pay period so working fewer hours per week wouldn't change the pay. It wouldn't really make sense for a company to reduce the hours of salaried employees in order to save payroll costs. Salaried employees have reached a level of professionalism where they don't punch a time card. If someone is keeping track of hours for an employee, then they are most likely NOT salaried.
Is Quentin Somerville related to Julia Sommerville?
Which of the following statements is true about storing classified documents?
What is the meter of manang biday?
Ano ang kahulugan ng iskolarling pagpapahayag?