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.
A semi-monthly paying structure occurs when employees receive paychecks twice each month, often on the 15th and 30th days of each month. Calculate hourly wages from a semi-monthly pay period to break down earnings for your employees.Step 1. Multiply an employee's semi-monthly salary by two to find the employee's monthly salary. Then multiply the employee's monthly salary by 12 to find the annual salary. Calculate overtime earnings, if applicable. 2  Multiply the employee's hourly wage by the overtime pay rate by the overtime hours worked. 3  For example, if the employee earning $23.07 per hour worked eight hours of overtime at time-and-a-half, multiply $23.07 x 1.5 = $34.61 x 8 = $276.84.