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This question is about employer.
No, typically an exempt employee cannot be paid hourly. This is because the term "exempt" refers to employees who are exempt from the Fair Labor Standards Act (FLSA) overtime provisions, which means that these employees are usually salaried.
An exempt employee is generally paid a salary rather than an hourly wage for a reason. The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at time and one-half the regular rate of pay for all hours worked over 40 in a workweek. However, some employees are exempt from these requirements.
The exemptions are generally limited to "white collar" employees who meet salary and duties tests. If an employee is paid on a salary basis and performs exempt job duties, they do not have to be paid overtime no matter how many hours they work. This is why exempt employees are not typically paid hourly.

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