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Post Info TOPIC: Salary daily rate
Silly Digits


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Salary daily rate
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Hi all

Please can anyone advise on how to calculate a salary daily rate.  

thanks

 

 



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Cheshire


Master Book-keeper

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Hi Silly Digits
Can you do us a favour and pop your first name on the bottom of your signature bar (via the edit screen) as we have had a few chats on here and I hate referring to you as Silly digits.

Anyway - this one - Im assuming its is salary rather than wages. Full time? What hours are they contracted to work each day? Do they get for lunch hour/break?

Eg if salary (so get paid same base amount each month including if they take holidays) , full time, 5 days a week, 7 hours per day at rate of £30k pa. work it as 52weeks x 5 days =260. £30k /260=£115.38 per day.

or look at the hourly 52weeks x 5 days x 7 hours = 1820. £30k/1820 hours = £16.48 per hour x 7 hours = £115.38
HTH

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
jessica


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Hey Cherish, I guess you are right. Few days back my friend ask me the same but because I was busy in doing something else forgotten. Just browsing the forum and this made me remember, thanks for sharing. 



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Cheshire


Master Book-keeper

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Who is Cherish?
confuse



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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Leger


Master Book-keeper

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Madonna might know smile

 

My first thought was the Madonna song, although I couldn't remember the artist until I looked it up.  



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
Cheshire


Master Book-keeper

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lol. I had to lookup the Madonna song - had forgotten about that one. Was out just before my lad was born.

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
jessica


Member

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Cheshire wrote:

Who is Cherish?
confuse

 Hey Cheshire, I made a typo.



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Thanks,

 
abacus12345


Guru

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Cherish / Cheshire is Joanne. Just saying. I guess you're using a mobile device?

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