If you are salaried, your pay is a salary: a fixed amount for the job, usually written as a year and then given to you each month, not counted by the hour or by the week. A shop worker who clocks in and out is often paid by the hour. A teacher, an office worker, or a manager is more often salaried — the money arrives whether that week was quiet or crazy. That sounds safer, and in some ways it is: you can plan. Though actually, in a lot of English-speaking workplaces, “salaried” also quietly means you are not paid extra for late nights. The company bought your time in a lump. People use it as an adjective in front of a noun (a salaried post, salaried staff) and after be (she is salaried). It is a normal, slightly formal work word, not slang. It is not the same as “well paid”; a salaried job can be modest. It only tells you how the pay is set, not how high it is.