The Payroll Factory
A PRFUSA, Inc. Company

Providing your business with
unparalleled Services.

The definitive providers of online payroll processing solutions. Your Internet payroll services outsourcing, payroll service company.

Useful Payroll Conversions

Converting Salary to Hourly

(Based on employee working 40 hours per week)

Total number of hours in a year = 2080 (40 hours x 52 weeks)

WEEKLY - 52 times a year

Example 1: Divide salary by 40 hours
i.e. $200.00 ÷ 40 hours = $ 5.00 hour

Example 2: Annual Salary
$ 200.00 x 52 = $ 10, 400.00
$ 10, 400.00 ÷ 2080 = $ 5.00 hour

BI-WEEKLY - 26 times a year (Every other week)

Example 1: Divide salary by 80 hours
i.e. $ 400.00 ÷ 80 = $ 5.00 hour

Example 2: Annual Salary
$ 400.00 x 26 = $ 10, 400.00
$ 10, 400.00 ÷ 2080 = $ 5.00 hour

SEMI-MONTHLY - 24 times a year (Twice a month)

Example 1: Multiply 24 x semi-monthly rate
i.e. $ 500.00 x 24 = $ 12, 000.00 annual

Example 2: Divide annual by 2080 hours
i.e. $ 12, 000.00 ÷ 2080 = $ 5.76 hour

Minute Conversion Chart

Minutes	Hundreths	Minutes	Hundreths	Minutes	Hundreths
01	.02	21	.35	41	.68
02	.03	22	.37	42	.70
03	.05	23	.38	43	.72
04	.07	24	.40	44	.73
05	.08	25	.42	45	.75
06	.10	26	.43	46	.77
07	.12	27	.45	47	.78
08	.13	28	.47	48	.80
09	.15	29	.48	49	.82
10	.17	30	.50	50	.83
11	.18	31	.52	51	.85
12	.20	32	.53	52	.87
13	.22	33	.55	53	.88
14	.23	34	.57	54	.90
15	.25	35	.58	55	.92
16	.27	36	.60	56	.93
17	.28	37	.62	57	.95
18	.30	38	.63	58	.97
19	.32	39	.65	59	.98
20	.33	40	.67	60	1.00

Client Payroll Processing Services Guide: Index

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18 E. Lancaster Ave
Malvern, PA 19355
(866) 773-8721
(610) 647-1364 fax
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