How to work out Salary Prorata pay for employee?

INTRODUCTION


Pro rata means ‘proportionally’ or a ‘proportion of’. But what does pro rate mean in salary terms? It typically comes up in reference to incomplete payable period, when a salary is quoted as being pro rata, it means the pay is proportionate to the number of hours or days worked vs. a full time equivalent. We’ll explain more in a moment.


There are various rules of salary prorate in the country of employment by Law or common practice. You may browser this page and press Ctrl+F to find out the rules you are looking for in the certain countries or regions.




                                                                                                                                                                                                                                                                               






Minimum Pay RecurrenceCountry
or Region
Payable Units for full time equivalentPayable Days for incomplete month
fx

"F"
"X"

MONTHLY
(1st -28/30/31st)
China21.75 days/monthWorked days + Paid
 Holidays max at 21.75
=Round(Monthly
 Pay/21.75*X,2)
Spain30 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
South Africa21.67 days/monthWorked days + Paid
 Holidays max at 21.67
=Round(Monthly
 Pay/21.67*X,2)
United Kingdom21.67 days/month
Worked days + Paid
Holidays max at 21.67
=Round(Monthly
Pay/21.67*X,2)
NetherlandsActual Working Days for the monthActual Working Days of the months=Round(Monthly
Pay/F*X,2)
Taiwan30 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
South Korea30 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
Japan30 days/monthWorked days + Paid
Holidays max at 20
=Round(Monthly
 Pay/20*X,2)
Norway260 days/yearWorked days + Paid
Holidays
=Round(Annual Base
Pay/260*X,2)
Sweden365 days/yearWorked days + Paid
 Holidays max at 30.4167
=Round(Annual Base
Pay/365*X,2)
Colombia30 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
Chile30 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
New Zealand173.3333hours/monthWorked days +
Paid Holiday
=Round(Monthly
 Pay/173.33*(X*8),2)
Semi-month
(1st -28/30/31st)
Mexico15*2 days/monthCalendar days valid for
 employment max at 30
=Round(Monthly
 Pay/30*X,2)
Semi-month
1st Half = 25th-10th
2nd Half = 11th - 24th
Philippines313 days/yearWorked days + Paid
 Holidays + Saturday valid max
=ROUND(Annual Base
 Pay/313*X,2)
Bi-weekly
(ref →US & CA payroll calendar)

Canada260 days/yearWorked days + Paid
 Holidays
= Round(Annual salary/
260* X,2)
United States





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More Prorata Rules are coming soon

Should any rules errors or expiring policies, please contact us at Horizons Support 

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