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

    Jul 29, 2008, 01:40 PM
    How to figure daily rate of bi-monthly payroll
    How to figure daily rate of bi-monthly payroll
    donf's Avatar
    donf Posts: 5,679, Reputation: 582
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    #2

    Jul 29, 2008, 02:42 PM
    Given that a bi monthly payroll means twice a month, usually the last working day before the 15th of the month and the last working day before the end of the month.

    To get the daily rate, multiply the monthly rate by 12 to get the yearly rate, then divide by 52,
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