Many companies hire full-time salaried and full-time hourly employees, part-time and casual employees, and employees who only work when the business demands additional staff. Because the pay of salaried employees is usually stated in annual terms for a full-time position, a salaried employee is usually hired to work a full-time schedule. For most employers, this is around 40 hours a week. Salaried employees can be paid weekly, bi-weekly, twice a month or even once a month.Being paid on a salaried basis means the employee receives the same salary every pay period, regardless of how many hours he works. The reason his earnings stay the same is because salaried employees, in many cases, do not receive overtime pay. At the same time, a salaried employee can't have his pay reduced for taking an hour here or a couple of hours there to handle personal business, enjoy a long lunch or just to take some time off from work. It's against the FLSA law to dock a salaried employee's pay for less than a full day's absence. On the other hand, an hourly the employee's pay is reduced hour-for-hour, according to the time he's not working.