The term 'Like Employees' can be summarized as salaried workers. Salaried employees are those who receive a fixed amount of money for their work, regardless of the number of hours they work. This type of employment is often seen in professional and managerial positions, where the employee is expected to work a certain number of hours each week, but may not be paid for overtime. Salaried employees are typically entitled to benefits such as health insurance, vacation time, and retirement plans.