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5.04: Salaried employees

5.04: Salaried employees

Salaried employees are assumed to work a given number of hours per day and 10 days per biweekly pay period for 26 pay periods. You will report their hours using the following formula.

Category Full-Time Part-Time

Reportable hours = (contract hours per day) × (days per pay period)
 

Salaried Employee (contract hours per day) × (days per pay period) Hours worked

For example: If an employee works eight hours per day, report a straight 80 hours per pay period to yield a yearly total of 2,080 hours. Likewise, if an employee works seven hours per day, report 70 hours per pay period, which results in a yearly total of 1,820 hours.

Last updated: 04/13/2012