Posted by Pablo on December 13, 2016, 8:51 am, in reply to "Re: Aguinaldo and Vacation Pay"
Hi Sherri. I'm not sure if my math is correct, but according to the formula posted by sparks:
"To calculate the amount for a part-time employee, divide the number of days worked during the year past by 365. Multiply that figure by 15 x the daily salary to determine the amount of the aguinaldo." So for 54 hours, that would be 6.75 days of work, assuming 8 hours is considered a work day. So I think the math would therefore be: (6.75 ÷ 365) x 15 x daily salary, where the daily salary would of course just be 8 x hourly rate. But rather than divide by 8 and then multiple by 8 again, simply: (54 ÷ 365) x 15 x hourly rate Does that seem right? |
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