Convert salary into hourly calculator

    • [PDF File]Percent-of-Time & Effort to Months

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      To fill out the budget forms for many grants you need to convert percent-of-effort to months. Example: A PI on AY appointment at a salary of $ 63,000 would have a monthly salary of $ 7,000 (one-ninth of the AY). 25% of AY effort would be 2.25 AY month. The budget figure for that effort would be $ 15,750 (25% of total AY salary).


    • [PDF File]Comparison of Monthly Salary Calculation

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      Pay Calculator Examples Example 2 – Academic Rate Change Pay Adjustment In this example, we assume the following: Employee granted $250.00/mo salary increase for extra duties as of 2/10/04. Salary change not entered into Banner until after calc for 2/16/04 monthly pay check. Employee received 2/16/04 monthly salary paid at the old rate.


    • [PDF File]Effort Percent /Person- Months Conversion Tables

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      Effort Percent /Person- Months Conversion Tables These conversion tables were designed to assist departments when converting effort in the form of a


    • [PDF File]APPENDIX 1 - WORKING OUT TERM TIME HOURS AND SALARY

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      Hours per week x hourly rate x 52.143 = Annual salary Calculating the salary for a term time employee Hours per week x hourly rate x 52.143 = Annual salary Hours per week are calculated by the calculator (excel) available through your manager The term time working calculator is available on the intranet under


    • [PDF File]Converting Weekly to Monthly Amounts

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      *In this example your calculator screen will show 30.333333 – you can ignore all the numbers after the first two decimal places and round down to 30.33. So, if you pay £7 per week that means you pay £30.33 per month. 7 x 5 2 = 364 ÷ 1 2 = 30.3333 Making Money Count | August 2014 Page 1 of 4


    • [PDF File]School Year Salary Calculations for Teachers

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      Salary Entitlement is: $35,699.32 Difference overpayment 5 67 Due to the late hire, the teacher will be overpaid if left on the biweekly salary rate for this grade/step. To ensure an overpayment is not incurred, Payroll will over-ride the hourly rate of pay to ensure a reduced biweekly is received for the 9 pay periods. 3,966.59 per


    • [PDF File]Biweekly Pay Cycle Conversion Frequently Asked Questions

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      15. How is my hourly rate determined? If you are in a 40 hour per week position, divide your annual salary by 2080 (the number of working - hours in a year). For example, your annual salary is $28,000.00 per year: If you are in a 35 hour per week position, you would need to divide your annual salary by 1820 hours. 16.


    • [PDF File]Salary Conversion Chart - TECHSTAFF

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      Hourly’ Weekly’ Monthly’ Annually’ $8.00% $320.00% $1,386.67% $16,640.00% $8.50% $340.00% $1,473.33% $17,680.00% $9.00% $360.00% $1,560.00% $18,720.00%


    • [PDF File]CalTime Biweekly Pay Cycle Conversion Frequently Asked ...

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      pay stub into the calculator.) 5. How can I calculate my hourly rate? You can calculate your hourly rate (based on a 40-hour workweek) as follows: Take your former monthly salary and divide by 174. (The number 174 is the UC standard of estimating the number of working hours in month). For example, if your monthly salary was $3250


    • [PDF File]Calculating FTE - CSU

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      Example 2 I have $144,213 of budget to use for student hourlies and the average hourly rate we pay our hourly employees is $12.00. How do I calculate FTE? Budget = $144,213 Average Hourly Rate = $12.00 Monthly Average Rate = 173.33 hours in a month *$12.00 = $2,080


    • [PDF File]Calculate FTE for Hourly Salary Manual Method

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      Student Hourly / College Work Study employees with a Job ECLS of SH, SW, SX, or SN are assigned an FTE = 1.000 and is unrelated to the number of hours worked per week. If the Job ECLS is one other than SH, SW, SX, or SN, use the Hourly or SALARY method above.


    • [PDF File]Texas and Federal Wage and Hour Laws

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      • Salary: salary ÷ number of hours the salary is intended to compensate = regular rate ... •Straight-time hourly pay of at least $27.63 per hour, or salary of at least $455/week . ... the two can be combined into one form for ease of use • Sample form is in the book (page 296) and on the CD .


    • [PDF File]SAMPLE CALCULATIONS SIMPLIFIED BASIC CALCULATIONS FOR ...

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      Add items 5 and 6 = Fully Loaded Hourly Rate Sample Calculation of Fully Loaded Rate: Item Rates Hourly rate 1 $52.08 per hour ($100,000/1920 billable hours - see example below) Fringe Benefit Costs 2 $11.89 per hour 22.8% (see fringe benefit calculations below) S-T 3 $63.97 Apply Overhead Rate 4 $23.75 37.1% S-T 5 $87.72 Apply Profit Rate 6 $5 ...


    • FRINGE BENEFIT RATE SHEET INSTRUCTIONS

      2) Determine the employee's basic hourly pay rate (annual salary/2080 hours). 3) Fringe benefit percentage for vacation time: Divide the number of hours of annual vacation time provided to the employee by 2080 (80 hours (2 weeks)/2080 = 3.85%). 4) Fringe benefit percentage for paid holidays: Divide the number of paid holiday hours by


    • [PDF File]What You Need to Know About Converting 1099 Employee to W2 ...

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      contractor who is being converted as either salary, salary exempt or hourly non-exempt, based on the work involved and the level of responsibility the employee will have. Use your computer and Internet access to review the U.S. Dept. of Labor guidelines based on the Fair Labor Standards Act (see Resource 2). 4.


    • [PDF File]COMPENSATORY TIME & OVERTIME CALCULATOR

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      40 8 paid at 1x rate or 8 CTO Regular Overtime (1.5x for hours worked over 40) 48 8 paid at 1.5x rate or 12 CTO Holiday Pay (1.5x for hours worked on holiday) 8 (Holiday hours) 8 8 paid at 1.5x rate or 12 CTO


    • [PDF File]Understanding Staff Month Calculations

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      Staff Month Calculation: Salary and Hourly Current Payments. To determine salary and hourly payments, PPMS looks at the Pay Rate Code on the Job Account Screen (PS0003). If the Pay Rate Code is . S (Salary Payment) or . H (Hourly Rate), the following formula is used to calculate staff months: Actual Hours _____ X


    • [PDF File]Hours Even 1/4 1/2162 3/4 1/10 2/10 3/10 4/10 6/10 7/10 8 ...

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      ANNUAL salary by 0.01923. TO CONVERT INTO STRAIGHT-TIME HOURLY EQUIVALENT FOR 40 HOURS: Multiply WEEKLY salary by 0.025; SEMIMONTHLY by 0.01154; MONTHLY salary by 0.00577; ANNUAL by 0.00048. TO CONVERT INTO TIME AND ONE-HALF HOURLY RATE BASED ON 40 HOUR WEEK: Multiply WEEKLY salary by


    • [PDF File]Payroll Time Conversion Chart

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      To ensure consistent time and attendance reporting, time for employees paid on an hourly basis should be recorded in quarter hour (.25) increments. Seven (7) minutes or less is rounded down and eight (8) minutes or more is rounded up.


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