If you received an annual salary of $22,500.00 paid monthly, what would your gross pay be each pay period?
1875 if paid monthly
22500/12=1875
To find the gross pay for each pay period, you will need to divide the annual salary by the number of pay periods in a year. Since you mentioned the salary is paid monthly, there would be 12 pay periods in a year.
To calculate the gross pay each pay period, you can use the following formula:
Gross Pay = Annual Salary / Number of Pay Periods
In this case, the annual salary is $22,500.00 and the number of pay periods is 12.
Gross Pay = $22,500.00 / 12
By performing the calculation, the gross pay each pay period would be $1,875.00.