Your monetary compensation is in an offer letter you sign to accept the role. Salary exempt status is a fixed value per time period, or separately a hourly rate

Your monetary compensation is in an offer letter you sign to accept the role. Salary exempt status is a fixed value per time period, or separately a hourly rate. If paid hourly, you're typically entitled to 1.5x pay after 40 hours of work. Salaried exempt status are not mandated overtime pay. What hours you work depends. Salaried is expecting a job to be done regardless of the hours to complete. Hourly is a mixed bag of "the schedule for next week is posted every Tuesday" (common in restaurants) or routine hours long-term (such as shift work in factories). It's awkward to try to explain, but here are some pros and cons from other people. https://www.reddit.com/r/RedditForGrownups/comments/16606tt/which_is_better_hourly_or_salary/ https://www.reddit.com/r/RedditForGrownups/comments/16606tt/...