Which is my way of saying: a college degree doesnât guarantee success, and not getting a college degree doesnât guarantee failure. I just read a really nice article here on Forbes, Ten Smart Things I Learned From People Who Never Went to College.
These employees are usually put on a 40-hour workweek. To figure hours for a semi-monthly salaried employee, multiply 40 hours by 52 weeks, which comes to 2,080 hours. Then, divide 2,080 by 24 annual semi-monthly pay periods to arrive at 86.67 hours for the pay period. To figure salary for the pay period, divide annual salary by 24 semi-monthly pay periods.
Or: When paid every half-month, however, the rate depends on the number of hours in the half-month. For example, in 2007, there are nine working days in the half-month from February 16 th to 28 th, resulting in a total of 72 working hours. From August 16 th to 31 st, however, there are twelve working days, or 96 hours. recently changed jobs â from an employer that pays once every two weeks to one that pays twice a month. Unaware of the payroll intricacies or how such might impact me, I was surprised by my first paycheck. I had worked exactly two weeks, but I had been paid less than 1 / 26 of my salary.