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What salary model is better for your business: Hourly vs Salaried Employees
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Who is a Salaried Employee?

Employees who work for a salary receive checks regularly, and the amount they receive is predetermined each year. There are several options for how often you make this payment. Most businesses require a 40-hour workweek of employment. 


In other words, even if a worker works 40 hours a week or more, they will still be paid the amount stipulated in their contracts. The contract of employment specifies the minimum number of hours that must be worked each week.


While salaried employees can work longer hours if they choose, overtime compensation is not a frequent benefit. Paid time off, a 401k retirement plan, and short-term disability benefits are available to salaried employees. These perk packages range from one company to the next.


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What salary model is better for your business: Hourly vs Salaried Employees
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