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.
Calculating the Semi-Monthly Daily Rate (Work Days) for the following Personnel Subareas: Number of work days in pay period (include University holidays) 11* days Semi monthly salary $2000.00 Semi-monthly salary divided by Total # of days in the pay period multiply by # of days worked or in a paid status 2000.00/11X6=1090.09 $1090.90 for pay period ending 9/15/2010 Semi monthly salary $2000.00 Semi-monthly salary divide by Total # of days in pay period multiply by # of days worked or in a paid status 2000.00/11X7=1272.72 $1272.72 for pay period ending 9/15/2010