salaried employee

A salaried employee is an individual who is hired to handle a particular job and is paid a fixed amount of money, regardless of the hours they work per week.

The standard working hours are 40 hours per week, which means a salaried employee receives the agreed-upon salary even if they work for fewer hours. Moreover, employers don’t offer overtime pay for salaried employees who work for more than standard hours. 

A salaried employee typically receives a paycheck bi-weekly or monthly. In addition, their payroll may include paid holidays, healthcare programs, and other benefits.