Show more usage examples... The equity theory was frequently used by analysts in comparing their own experiences to others as the frame of reference was useful. 6 people found this helpful. I did not believe in equity theory and I subscribed tho the idea that people were happy when they did not have to do any work.
One year on Earth is divided into 52 weeks. (Really, the exact figure is 52.177457 weeks per year if you are measuring the entire time that the planet takes to revolve around the sun.) If you work every week, or take off no more time than your allotted paid vacation time allows, then you have 52 salary weeks in a year. For biweekly payrolls (payments every other week), this means there are 26 pay periods per year. Most people donât work every week, however, and may take some time off for vacation, due to sickness, or to take care of family needs.
In a leap year there are 366. The actual period of a year, based on the revolution of the Earth around the Sun is 365.256366 days or 1.0000175 years. For simplicity, one can say that there are 365.25 days in a year or 365 days in a year for 3 years and 366 days every fourth year.