Re: Calculating pay rate

Subject: Re: Calculating pay rate
From: Gene Kim-Eng <techwr -at- genek -dot- com>
To: Keith Hood <bus -dot- write -at- gmail -dot- com>, techwr-l <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Sun, 23 Oct 2016 10:55:57 -0700

The standard conversion method is annual pay to hourly. Based on a 40 hour work week with 2 weeks of annual vacation, you divide the annual salary by 2000 hours. The reason for this is, of course, because the months are not the same.

If you're forced to discuss pay as a standard monthly amount for some reason, multiply the monthly by 12 to get the annual and then divide by 2000.

Gene Kim-Eng



On 10/22/2016 11:18 PM, Keith Hood wrote:

In order to give a rate quote, I need to figure out what is the monthly
gross when working by the hour. I know there are several ways of converting
hourly pay to monthly - what is the most accurate?
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