1 Nokia (NOK) is in talks to buy Alcatel-Lucent (ALU) in a deal that would create a group worth around 40 billion euros ($42 billion). 2  The Finnish and French companies said in a statement that at this stage there was no certainty that a merger would go ahead.
PAYCHECKS Hourly Employees â Based on a Monday through Friday work schedule, a semi-monthly payperiod can have 9 to 12 workdays (72 - 96 hours), resulting in a varying number of work hoursin different pay periods and changes in net pay received each payday for hourly employees.
Using the standard 86.667 hours worked per semi-monthly pay period, if the semi-monthly salary equals $1,700, divide $1,700 by 86.667 to find the hourly wage equals $19.52. Alternatively, if the part-time employee works 55 hours and is paid a salary of $1,000, divide $1,000 by 55 to get $18.18.