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Take the semi-monthly rate and multiply by 12 to get the annual rate. Then take the annual rate and divide by 2080. To veryify your answer, take the hourly rate you just calculated and multiply by 86.67 and see how close you come back to the semi-monthly rate. Or, you can take the semi-monthly rate and divide by 86.67 (average hours in semi-monthly pay period) to get an hourly rate.
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What does Bi-monthly mean?
Bi-monthly means every two months. (Semi-monthly means twice a month). There may be cases where these terms are misused, so be careful.
How often does the US Postage rate increase?
The United States postage rate increases moderately. It just recently increased, and it may increase annually, biannually or it may increase even semi-annually.
What is coupon rate?
Coupon rate is simply just the annual coupon payments paid by the issuer relative to the bond's face or par value.Coupon rate can be calculated by dividing the sum of the security's annual coupon payments and dividing them by the bond's par value. For example, a bond which was issued with a face value of $1000 that pays a $25 coupon semi-annually would have a coupon rate of 5%.Source: investopedia
What is economy semi flexible?
For some airlines, tickets are classified by their flexibility. Semi-flexible tickets are equivalent to airlines' semi-refundable. An economy ticket is non-refundable. Flexible tickets are fully refundable.
What are the advantages and disadvantages of semi intensive system of farming?
it requires low investment and higher returns.
What is your hourly rate if you make 28000 annually and get paid on semi monthly basis?
You are making $13.46 an hour. This is an average starting salary of an administrative position and is almost twice the average minimum wage.
How do I calculate vacation days accrued at a rate of .625 monthly for semi-monthly salaried employees?
I do not know how to answer this question can you please show me
How is it that we make more being paid every week vs semi monthly?
You don't? You will be paid the same over the course of a year. Being paid weekly is your yearly rate / 52. Being paid semi-monthly is your yearly rate / 24. Not sure I understand the question?
What is semi-hourly?
30 mins
What semi monthly payroll means?
Semi Monthly payroll means you get paid twice a month - most common semi monthly payrolls are every 5th and 20th.
What can semi monthly be used to qualify?
Semi-monthly is a term that is usually used to describe half a month. For example, if a person were paid semi-monthly then they would be paid twice a month.
What is the hourly pay rate for a underwater oil rig?
An underwater oil rig does not exist, but semi-submersible rigs do. The pay rates are the same as other types of offshore oil rigs.
How much is 72000 semi monthly?
2769
Which yields more 8 percent apr compounded monthly or 8.5 percent compounded semi-annual?
8% compounded monthly is equivalent to an annual rate of approx 152% . 8.5% compounded six monthly is equivalent to "only" 17.72% so the first is clearly larger.
Where do you look for a list of skilled and semi-skilled labor rates to charge your customers in AlbanyNy?
* General rule of thumb for a service type business - three times the hourly rate you pay your workers.
What states do not allow semi monthly payrolls?
new york
How many pay period in one year if paid semi-monthly?
Normally, there are 24 pay periods when getting paid semi-monthly. You always get paid on the 1st, 15th or 30th.
