CAL pays you, pays for the hotels, plus gives you per diem for expenses while in trianing. You're in training full time, so the per diem is non stop. I'm not sure what you get paid per hour. You are type rated on every aircraft CAL flys and you train for, so whatever you get assigned in training you will get a type rating. 737, 757/767, or 777 (plus, soon the 787).
You make $30/hour your first year (which is way too low). You get paid 2:24 hours per day in training while a line pilot (also too low). You should get at least $116 per day in training. I'm not sure if that is the same for new hires?