Which term describes the pay arrangement where a worker is paid a fixed amount regardless of hours worked?

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Multiple Choice

Which term describes the pay arrangement where a worker is paid a fixed amount regardless of hours worked?

Explanation:
Pay is fixed regardless of hours worked when the arrangement is salaried. Salaried employees receive a set amount (often annually) paid in regular intervals, no matter how many hours they work in a given period. This contrasts with hourly pay, which changes with the number of hours worked, and with OASDI and FICA, which are payroll taxes, not pay structures. So the term being described is salaried.

Pay is fixed regardless of hours worked when the arrangement is salaried. Salaried employees receive a set amount (often annually) paid in regular intervals, no matter how many hours they work in a given period. This contrasts with hourly pay, which changes with the number of hours worked, and with OASDI and FICA, which are payroll taxes, not pay structures. So the term being described is salaried.

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