I'm about to go into college and I have no work experience yet. My parents are both paid by the hour, but the kind of job I plan to get in the future would certainly pay salary instead. I'm not very keen on working overtime if I won't be paid for it if I'm understanding correctly. Would I be forced to work overtime anyway with no compensation, or would I be allowed to just work my 8 hours a day, 5 days a week?
Salary means that you get the same weekly pay, no matter how much you work in a week. That means whether they need you for 40 hours or 50 hours, the weekly pay is the same. No overtime.