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https://financial-dictionary.thefreedictionary.com/annual+hours
annual hours the contractual requirement that employees work a number of hours over the year rather than a standard number of hours each week. This means that the length of the working day can be varied day by day to fit in with production requirements (‘flexible rostering’).
https://croner.co.uk/resources/leave-absence/annualised-hours/
Aug 08, 2019 · For example, we’ll calculate the total annual hours for an employee working the basic 7.5 hours a day for five days, with 20 days’ annual leave and 8 statutory holidays in a 52-week year. First, we multiply the basic weekly average of 37.5 hours by 52 weeks for a total of 1950 hours per year. Next, we calculate the total leave allowance ...
https://dictionary.cambridge.org/us/dictionary/english/annual-hours-contract
Aug 18, 2015 · annual hours contract meaning: a system in which someone is employed to work a particular number of hours over the period of a…. Learn more.
https://www.bamboohr.com/hr-glossary/annualized-salary/
For example, if an employee working 20 hours per week is paid 12 dollars per hour, the annualized salary is 20 hours/week x 50 weeks/year = 1000 hours/year x 12 dollars/hour = 12,000 dollars per year. Calculating annualized salary from weekly pay would be similar to calculating it from hourly pay, as it would also rely on 50 working weeks.
https://dictionary.cambridge.org/dictionary/english/annual-hours-contract
annual hours contract definition: a system in which someone is employed to work a particular number of hours over the period of a…. Learn more.
https://financial-dictionary.thefreedictionary.com/annualized
Annualize To express a variable in yearly terms even though the variable does not directly apply to a year. That is, an annualized variable has been mathematically converted to yearly terms. For example, if the return rate on an investment is 2% after one month, one computes the annualized return by multiplying by 12, resulting in a 24% return rate. An ...
https://bizfluent.com/info-12075957-difference-between-annual-annualized-salary.html
Oct 30, 2018 · If your employee works only 10 hours a week at $12 per hour, for instance, that employee would work 520 hours per year assuming there is no unpaid vacation time or sick leave taken. Multiply 520 by $12 and you’ll get an annualized salary of $6,240. 00:00. 00:02 09:16. GO LIVE.
https://www.investopedia.com/terms/a/annualized-income.asp
Annualized income is an estimate of the sum of money that an individual or a business generates over a year's time. Annualized income is calculated with less than one year's worth of data, so it ...
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