Reviews For Mutual of Omaha Customer Service (1) customer. 2 days of waiting to speak to someone for a simply request.
1 Income / Hours = Hourly Rate. 2  Example: $15,000 / 2114 = $7.10 per hour. 3  You can check your results against this salary converter, which also allows you to correct for several different variables.ou can figure out your hourly rate based on an annual income, for a more accurate figure, or you find your hourly rate for a specific job or time period. 1  For example, if you get paid by the job or project, you may just want to keep track of the hours for that project to determine your hourly rate for that job.
How to Calculate Time Card Hours to Payroll. Time card calculations for payroll must be accurate, as employee pay depends on the results. Correct calculation of the total hours on a time card will help ensure that your paycheck is accurate and your employees receive the proper pay for hours worked. Whether time cards are electronically stamped, or manually filled out, the calculation process is the same. 1. Convert any standard hours on the time card to a 24-hour clock, or military time. The easiest method to convert the hours is to add 12 to the hours for all afternoon times. For example, a 3 p.m. punch-out would be 1500 in a 24-hour cycle.