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Old 06-27-2012, 09:25 AM
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RubyBell RubyBell is offline
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Join Date: Jun 2012
Location: Washington
Posts: 18
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Quote:
Originally Posted by originalkat View Post
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.

This is a great idea!!! It sounds SOOOO much simpler than messing with paid/unpaid holidays or vacations. Plus your monthly income is always the same regardless of whether you're taking unpaid time. Love this!
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