Identify the unobligated balance and unpaid obligations of all. expired appropriations at the time they expire. 2. Identify the unobligated balance and unpaid obligations of all. canceled appropriations at the time they are canceled.
The formula of calculating yearly income and hourly salary is as follow: â¢ Yearly income = Hourly wage Ã 40 hrs Ã 52 weeks. â¢ Hourly wage = Yearly salary / ( 40 hrs Ã 52 weeks ) â¢ Daily salary = Hourly wage Ã 8 hrs. â¢ Weekly salary = Daily income Ã 5 days. â¢ Biweekly income = Yearly salary / 26 biweeks.
To figure an hourly wage from an annual salary, you need to know the number of hours worked per year. Step 1. Add the number of weeks your employee works plus the number of weeks of paid vacation to find the total number of weeks worked.For example, if your employee works 50 weeks and you pay for two weeks of vacation, add 50 plus 2 to get 52 weeks. Step 2.Multiply the number of weeks per year by 40, the number of hours per week, to find the number of hours worked per year.In this example, multiply 40 by 52 to find the total hours for the year equals 2,080. Related Reading: How to Calculate the Hourly Rate of Pay for Time and a Half.Step 3. Divide the annual salary for the employee by the number of hours to find the hourly rate.or example, if your employee works 50 weeks and you pay for two weeks of vacation, add 50 plus 2 to get 52 weeks. Step 2. Multiply the number of weeks per year by 40, the number of hours per week, to find the number of hours worked per year.