Compensation and Pay



Supplemental Payroll

Supplemental payroll runs on a bi-weekly schedule and the purpose of the supplemental payroll is to process payments that do not normally run on the monthly payroll cycle. Examples include: overtime, leave payouts for terminated employees and any changes that were submitted after the regular monthly payroll run.


TYPE RATE OF PAY
    Code
  • 1
  • 2
  • 3
  • 4
  • 7
    Equivalent
  • Period Rate
  • Hourly Rate
  • Overtime calculated at one (1) time the hours to pay
  • Overtime calculated at one & one half (1 1/2) times the hours to pay
  • Sick Leave - No retirement calculated

To Calculate Monthly Hourly Rate of Pay

»Take monthly rate of pay (ROP) and divide by number of work hours in the month.
  • Example: $3,000.00 monthly ROP / 184 monthly hours = $16.30 hourly ROP
  • Example: $3,000.00 monthly ROP / 176 monthly hours = $17.05 hourly ROP
  • Example: $3,000.00 monthly ROP / 168 monthly hours = $17.86 hourly ROP

To Calculate the Base Hourly Rate of Pay

»Take the annual salary and divide by 2080.
  • Example: $36,000.00 / 2080 =$17.31



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