Or can you work 37.5 hours and still be on salary and be able to receive benefits including retirement plan.
A worker on a salary is basically a person who is working for a set amount of dollars per year...and not an hourly worker.
Therefore a 'salaried worker' would be paid something annually...let's say $45,000.00 That means if one week there is nothing to do, that worker can come in late and leaves early...working only 18 or 20 hours, maybe and still get paid their regular weekly amount.
BUT it ALSO means that the same worker, if there is a big job...a lot of work in the office...that SALARY worker will have to come in early, work late, skip lunch and have to work 60 to 80 hours ...WITHOUT OVERTIME PAY
So businesses will try to put people on salary and then find ways to make them work more than 40 hours a week so they can get more work without paying overtime.
And businesses will take hourly workers and send them home at EXACTLY 39.5 hours so they do not have to pay overtime.
AND....in a business where they have both salary and hourly workers...they will send the hourly people home at 39.5 hours and make the salary workers work 50 to 60 hours to save money by NOT paying overtime.
So, no, ..the whole idea behind a salary worker is that it can be as few as 1 hour a week and up to 168 hours per week.
But we generally try to keep it close to 45.
I used to be a salaried worker, got paid twice a month, some pay periods I worked under 40 hours, others I worked 90
My average for the 15 day pay periods was 58 hours, I was considered full time and got all benefits, including medical, retirement
But that is based on company policy
Is an international English language forum..WHICH country in? In UK can be on a salary based on any number of hours, pay into a pension fund and pay NI etc....
Depends on the company policies.
every company is different - ask
