THE US DOT requirements for EMT Basic is approx 110hours classroom and ~8hours of ER observation prior to obtaining certification.
WHEREAS: the Paramedic portion is an additional:
{1000hrs + classroom(depending on who administers program)
{AND ~500+ hrs (again varies) in rotations in the following:
[Adult ER
[Pediatrics ER
[ICU/SICU/PICU
[OB/GYN
[Psych
[OR/Anethesia
[Morgue
[Ambulance
(Did I miss anything big? Pipe up if I did!

)
Salaries vary from state to state to Municipal vs Private Organizations. Check JEMS.com for the annual salary survey. I think there was a post about that earlier on the board.
Generally, in the NYC metro area, EMTs typically start out @ 28k-35k and Medics start @ 38-44k
-chrisC