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originalkat 09:05 AM 06-27-2012
I have a monthly rate that is averaged. Here is what I do... All my holidays and personal days are paid so I do not mess with crediting or discounting those days. However, my vacations (2 weeks) are unpaid. So, I take my weekly rate and multiply it by 52 weeks for the year. Then I deduct the 2 weeks off the top and divide that amount by 12 months. My averaged monthly rate is $525.00. It works out great.