I have a full-time employee who is monthly paid. I am hiring part-time employees and would like to pay them based on the same rate as my full-time employee. How do I determine the hourly rate?

Question

Accepted Answer

You can calculate the hourly pay of your full-time employee using the formula below:

Hourly basic rate of pay	12 x Monthly basic rate of pay ----------------------------------- 52 x 44

I have a full-time employee who is monthly paid. I am hiring part-time employees and would like to pay them based on the same rate as my full-time employee. How do I determine the hourly rate?

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