What does 18000 pro rata mean?
Your job will do this according to what proportion of full time hours your job would make up. For example, if the salary is quoted at £18,000 pro rata (based on a full time week of 40 work hours) and you are working 30 hours per week, you will be paid an annual salary of £13,500.
What does 22k pro rata mean?
In a nutshell, a pro rata salary is an amount you pay a part-time salaried employee if they worked full-time.
How do I work out pro rata pay from full-time?
How to calculate pro rata salary
- Divide the full-time annual salary by 52 (number of weeks)
- Divide the result by 40 (standard full-time weekly hours) to get the hourly rate.
- Multiply the hourly rate by the number of actual work hours per week.
- Multiply this by 52 to get the annual pro rata salary.
What does 21k pro rata mean?
In its most basic form, a pro rata salary is an amount of pay you quote an employee based on what they would earn if they worked full-time. For example, if an employee’s salary would be £20,000 pro rata in a 40-hour week, but they only work 30 hours a week, their annual salary would be £15,000.
What is the pro rate?
To prorate is to divide something in a proportional way, based on time. If your new landlord prorates your first month’s rent, she only charges you for the days you’ve actually lived in your apartment.
How do you work out pro rata pay NHS?