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

In North Carolina, the difference between a salaried and an hourly employee is that salaried employees are paid a fixed amount for a set period of time, regardless of how much they work or how much they produce. An hourly employee, on the other hand, is paid based on the hours worked. They will receive an hourly wage which is calculated based on the number of hours they put in. Salaried employees typically receive benefits that hourly employees may not, such as medical coverage and vacation pay. Salaried employees can work as much as they want to, and they are usually not held to the same standard of hours that hourly employees are. Hourly employees, however, must keep track of their hours, often through a time card system. They must be paid for overtime hours if they work more than 40 hours a week, and they must be paid the minimum wage as set by the state. Both salaried and hourly employees are subject to North Carolina’s wage and hour laws, which include minimum wage laws, workweek rules, and overtime regulations. Companies must adhere to these laws and provide a safe and fair workplace for all employees.

Related FAQs

What are the laws governing wages and tips for tipped employees?
What type of records must employers provide regarding wages earned?
Are public employers subject to the same wage and hour laws as private employers?
Are there any exceptions to minimum wage laws?
What is the overtime threshold for salaried employees?
Are employers required to pay for employee training?
What are the restrictions on employee drug testing?
What are the consequences of not paying employees the minimum wage?
Are employers allowed to pay employees differently based on their experience?
Are employers allowed to withhold wages from employees?

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

Related FAQs

Related Blog Posts