How to Calculate Partial Payroll for Salaried Employees

104 32
    • 1). Obtain the employee's annual salary, such as $45,000 per year.

    • 2). Divide the annual salary by the number of days in the year to arrive at the employee's daily salary. For example, $45,000/365 days = $123.29 per pay. Divide the salary by 366 days if it's a leap year, which happens every four years.

    • 3). Multiply the employee's daily rate by the number of days she should be paid for during the pay period. For example, if she starts unpaid leave on the fourth day (Thursday) of the weekly pay period, pay her for three days---Monday, Tuesday and Wednesday.

Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.