What is the total annual salary of an employee earning $750.86 bi-weekly? (Based on twenty-six pay periods per year)
Question
What is the total annual salary of an employee earning $750.86 bi-weekly? (Based on twenty-six pay periods per year)
Solution
To calculate the total annual salary of an employee earning $750.86 bi-weekly, you need to multiply the bi-weekly salary by the number of pay periods in a year.
Here are the steps:
- Identify the bi-weekly salary: $750.86
- Identify the number of pay periods in a year: 26 (since there are 52 weeks in a year and the employee is paid every two weeks)
- Multiply the bi-weekly salary by the number of pay periods: $750.86 * 26
This will give you the total annual salary of the employee.
Similar Questions
Find the yearly gross income for someone who earns $1544.68 biweekly.
An employee was hired at a bi-weekly rate of $500.00. Each year, for two years, they received a 5% increase over their present pay. How much should the employee be paid, bi-weekly, after their second salary increase?
An employee is paid bi-monthly at an hourly rate of $10.62. Assume the work schedule for the bi-monthly period is 11 work days and the employee works a full 8 hour day plus 2 hours overtime each day. There is no overtime pay differential; all hours are paid at straight time. The employee’s earnings are subject to Federal Income Tax withholding of 28% and a Social Security deduction of 7.65%. There is also a deduction of $4.27 for insurance. What is the employee’s net pay?
Jerome works a job that pays $10.45 per hour. He works 17 hours a week. Compute the total amount Jerome makes per week.Group of answer choices$41.80 per week$1.63 per week$73.15 per week$177.65 per week
Dave is a salesperson in a marketing firm. He is paid a base salary of $950/week plus a graduated commission of 3.5% on sales up to $3000 and 6.5% on sales over $3000. What were his total earnings if his sales last week were $7606?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.