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How to calculate Hourly Rate from Daily Rate?

Usually, for Monthly Pay Employee, daily rate is depending on Daily Salary based on and hourly rate is calculated from daily rate.

1. For global working hours employee,

    Hourly Rate = Daily Rate / Daily working hours

    Where Daily working hours is defined in Work Hours Type




2. For roster employee,

    Hourly rate = Daily rate / (Total Number of Working Hours/ Total Number of Working Days)

 

See also