What is the difference between a salaried and an hourly employee?

In Michigan, the difference between a salaried and an hourly employee is important to understand. Hourly employees are paid a set amount of money for each hour that they work. This means that if an employee works more hours than are agreed upon, they receive overtime pay. Also, if an hourly employee does not work all of the hours they were expected to work, then they will not receive a full paycheck. Salaried employees are paid a set amount of money each pay period, regardless of how many hours they work. This means that a salaried employee could work more hours than expected without receiving overtime pay. Salaried employees are also given more job protection, since they are more likely to keep their jobs even if the company needs to cut back on hours or staff. Overall, salaried employees are better suited for higher-level jobs that require more knowledge and experience, while hourly employees are typically better for lower-level positions that require more basic manual labor. Under Michigan law, employers must ensure that both salaried and hourly employees are compensated fairly for their work, regardless of the type of employment.

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What is the difference between a salaried and an hourly employee?

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