Michael A. Ross was born in 1956 as Michael Alan Ross. He is a producer and writer, known for Rules of Engagement (2007), Better Off Ted (2009) and Kirk (1995). He has been married to Markie Post since February 7, 1982. They have two children. See full bio Â».
Your annual salary is the amount that you will get paid in a year assuming you work the entire year at that salary. For example, if you are paid semi-monthly (such as US military pay, 1st and 15th of each month), and your annual salary is $24,000, your gross paycheck (before taxes) will be $2,000.
1. Determine the yearly salary before the increase. This is the annual gross figure the employee received prior to the raise; for example, $50,000. 2. Compute the raise based on the percentage or the flat amount given. Percentage example: $50,000 x 4 percent (.04) = $2,000 annual increase. Therefore, the new annual salary is $52,000. The flat amount example would be: $50,000 + $1,500 = $51,500, the new annual salary. 3. Divide the new annual salary into the annual pay periods to arrive at the new salary per pay period.