What Is a Salaried Employee?

A salaried employee is a professional who gets paid a certain amount of money periodically, typically through weekly paychecks or bi-weekly pay. Unlike hourly employees, you have to pay salaried staff a fixed amount, regardless of how much time they take to complete their work.

What is the benefit of hiring salaried employees over hourly workers?

The benefit of salaried employees is that you don’t need to track their work hours for payroll purposes. However, you may still want to incorporate high-quality time tracking software into your workflows to ensure your staff are performing their best. Time trackers with productivity monitoring features can help you with this immensely.

Do salaried employees need to be paid overtime?

If your salaried employees stay longer than their typical shift schedules, you don’t have to pay them overtime in the majority of cases. Most of the time, only hourly employees need to be paid for overtime work. However, these regulations vary from one jurisdiction to another. Consult with a local labor lawyer to get accurate info on whether you need to pay overtime or not.