When paying Salaried Employees if they normally work Mon through Fri and no weekends, when you pay them for just a day of work do you divide it by the 30 or 31 days or 20 days?

They are paid for one day of work. Divide the weekly salary by 5 to arrive the one day of work they should be paid.

What the correct way to divide to figure out a daily salary for a salaried employee is to take the annual salary and divide it by the scheduled hours worked in a year.

You have 52 weeks in a year if you work 5 days a week than 52 x 5 is 260 days in a year.

If the employee earns 60,000 a year than you would divide 60,000 by 260 days. That means that employee would earn 230.77 a day.

230.77 x 260 is 60,000

Shirley

But why are you paying them for "one" day of work,

If they are salaried, normally they get their same paycheck if they work 30 hours, or if they work 70 hours.

So why are you having to pay them for one day pay?

The one day would come in when a new employee starts and only works one day in the payperiod, or when someone quits and only works one or two days in the pay period.

Sometimes the salaried employee is on FMLA leave or some other type of leave and needs to be paid for 1 day of holiday per contract.

There are reasons you need to know how much one day is.

Payroll is not always so easy to figure out and it can sometimes be a bit confusing.

Payroll and HR issues are much more involved than the average person realizes.

I do hope that you get it figured out .

Shirley