Pro Rata Pay Formula:
From: | To: |
Definition: This calculator determines the pro rata pay for part-time workers based on the full-time equivalent salary and hours worked.
Purpose: It helps employees and employers calculate fair part-time salaries in the UK based on standard full-time hours.
The calculator uses the formula:
Where:
Explanation: The calculator proportionally adjusts the full-time salary based on the ratio of hours worked to full-time hours.
Details: Accurate pro rata calculations ensure fair compensation for part-time workers and compliance with UK employment laws.
Tips: Enter the full-time salary in GBP, actual hours worked, and standard full-time hours (default 37.5). All values must be > 0.
Q1: What are standard full-time hours in the UK?
A: Typically 37.5 hours per week, but this can vary by employer (35-40 hours is common).
Q2: Does this include holiday pay?
A: No, holiday pay is calculated separately based on your pro rata salary.
Q3: How does this differ from hourly pay?
A: This calculates annual salary proportion, not hourly rate. For hourly pay, divide full salary by full hours.
Q4: Is tax calculated differently for part-time workers?
A: No, UK tax is calculated the same way but on your lower pro rata salary.
Q5: What if my hours vary each week?
A: Use your average weekly hours or calculate separately for each pay period.