Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A salaried employee is hired mid payroll period at an organization that does payroll biweekly. They are hired at a compensation of $70,005 per annum
A salaried employee is hired mid payroll period at an organization that does payroll biweekly. They are hired at a compensation of $70,005 per annum with paid vacation. They work 7.5-hour days, 5 days a week. They work one additional hour during orientation that HR says they will pay out. What would their hourly rate be so HR can pay out the hour?
Select one:
a. 37.34
b. 34.57
c. 33.34
d. 35.90
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started