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    norjc's Avatar
    norjc Posts: 1, Reputation: 1
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    #1

    Jul 5, 2008, 10:06 AM
    Calculating hourly pay
    I took a position at a hospital for $85,000 annual salary. I am a salaried employeee and although I usually work more than 10 hours a day, my pay stub says I'm getting paid for 70 hours a pay period (biweekly).

    How do I calculate this so I can be sure I'm really getting the salary I was promised and not just an hourly rate?

    Thank you.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jul 5, 2008, 11:00 AM
    Your bi weekly pay ( gross) times 26 should equal your annual salary,

    And I will be rude, if you are educated to the point of earning 85K you should know easily how to figure weekly , bi weekly pay.
    Wildsporty's Avatar
    Wildsporty Posts: 445, Reputation: 38
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    #3

    Jul 9, 2008, 11:13 AM
    Don't feel bad about Chuck's post, many executives I have worked with do not understand how payroll works. It really is not taught in school.

    Just take your 85,000 annual salary and divide it by 26. That is how much you should be getting each payday gross. The total gross amount on your check should be $3269.23.

    Hours do not matter if you are salaried as long as your salary is correct. If you are full time and working at least 8 hours a day than the hours on your salaried timesheet for bi weekly (every two weeks) should be 80 hours. This is usually used for FMLA hours and other project code values.

    Shirley
    bEaUtIfUlbRuNeTtE's Avatar
    bEaUtIfUlbRuNeTtE Posts: 1,051, Reputation: 112
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    #4

    Jul 9, 2008, 11:16 AM
    I wish I got $3269.23 every pay check...
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #5

    Jul 9, 2008, 12:46 PM
    Actually I kind of agree with Chuck.

    As a salaried employee the number of hours you work is immaterial. If you are paid every other week then your gross salary should be 1/26th of your annual salary. Just divide $85K by 26.

    If you want to know nominal hourly wage the divide the gross by 70.
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