What would the calculation of my gross salary be (my first pay check) if my annual salary is $50,000, my start date was Dec 12, the pay end date was Dec 13 and we are paid every other Friday (26 pay periods)?
![]() |
What would the calculation of my gross salary be (my first pay check) if my annual salary is $50,000, my start date was Dec 12, the pay end date was Dec 13 and we are paid every other Friday (26 pay periods)?
You would be paid for two days pay.
The company can figure it a couple of ways.
With salaried they usually take 52 weeks in a year, multiply it by 5 days in a week and they get 260 workdays in a year.
Take the 50,000 and divide it by 260 and you get 192.31 a day.
Since there were two days in the work period the 12th and the 13th you would be paid for two days. 192.31 x 2 is 384.62.
This is how I would figure it.
Some employer use a percentage method, say two days is 2/5 of the week so they divide the weekly amount by 2/5. so they would take the 50,000 divide it by 26 is 1923.08 divided by 2 for one week is 961.54 divided by 2/5 is 961.54 x .40 or 384.60.
In an figureing there may be a few cents difference. If it is under 50 cents it is acceptable to use whichever method is easier for the employer.
Shirley
All times are GMT -7. The time now is 01:38 AM. |