Leap Year Method Rate of Pay Calculator
The method we recommend for determining an annual salary from a weekly one is the leap year method which takes the weekly amount divides it by seven and multiplies it by 365.25 days to represent the average number of days in a year over a four year period. Many businesses and many government agencies and public service employers are now using the Leap Year Method for calculating Rates of Pay. This is a Step by Step Guide to help you completing the calculator if you need assistance.
