Example Sentences for commitment. But our commitment to national safety is not a commitment to expand our military establishment indefinitely. Commitment: This term is used referring to a purchase of stock. Mr. Wilson wished for a commitment in order to reduce the proportion of votes required. The instrument bore the date of Champney Googe's commitment.
The formula of calculating yearly income and hourly salary is as follow: â¢ Yearly income = Hourly wage Ã 40 hrs Ã 52 weeks. â¢ Hourly wage = Yearly salary / ( 40 hrs Ã 52 weeks ) â¢ Daily salary = Hourly wage Ã 8 hrs. â¢ Weekly salary = Daily income Ã 5 days. â¢ Biweekly income = Yearly salary / 26 biweeks.
An employee's hourly rate for a job is based on his salary and the number of hours he's supposed to work. When you calculate an hourly rate, do not include any other compensation, such as overtime or bonus pay, or value provided by an employee benefit program, such as vacation or sick pay.ourly Rate Calculation. To convert a full-time salary to an hourly rate, use the standard hours for the job to calculate the hourly wage. For example, to convert an annual salary of $52,000 to an hourly rate for a job that requires 2,080 hours per year, divide 52,000 by 2,080 to arrive at an hourly rate of $25.