Depends on the position. Most people are hourly, but the annual is still used as a shorthand. Salaried workers aren’t paid by the hour, but to get a job done.
You generally don’t want to be salaried, because while it sounds like you can come and go as you please, most salaried positions have mandatory office hours. So you still work at least 40 hours a week, but don’t get paid for overtime.
There are laws regarding who can be salaried. The technical term is being FLSA Exempt, and the employee has to make a certain amount of money ($684/week), and have a role that classifies. Examples include executive, managerial (need a certain number of reports to classify), administrative, and highly-compensated employees ($107,432/yr).
Working in the US, I was salaried and they absolutely fucked employees from both ends on the deal. We weren’t paid hourly yet were expected to work a minimum number of hours, then were expected to work more hours without compensation as needed, and it was needed often. Every salaried employee I have met without interest in securing a promotion put in the absolute minimum amount of time and effort possible.
Depends on the position. Most people are hourly, but the annual is still used as a shorthand. Salaried workers aren’t paid by the hour, but to get a job done.
You generally don’t want to be salaried, because while it sounds like you can come and go as you please, most salaried positions have mandatory office hours. So you still work at least 40 hours a week, but don’t get paid for overtime.
There are laws regarding who can be salaried. The technical term is being FLSA Exempt, and the employee has to make a certain amount of money ($684/week), and have a role that classifies. Examples include executive, managerial (need a certain number of reports to classify), administrative, and highly-compensated employees ($107,432/yr).
Working in the US, I was salaried and they absolutely fucked employees from both ends on the deal. We weren’t paid hourly yet were expected to work a minimum number of hours, then were expected to work more hours without compensation as needed, and it was needed often. Every salaried employee I have met without interest in securing a promotion put in the absolute minimum amount of time and effort possible.
They were going to at least raise the minimum salary for exempt employees by like double starting in 2025, but then 2025 happened…