Pro-rata salary for reduced hours.
A worked example
Starting figures
- Full-time salary
- $82,000
- Full-time hours
- 40
- Your hours
- 24
What it returns
- Pro-rata salary
- $49,200
- Monthly
- $4,100
- Hourly rate
- $39.42
- Income given up
- $32,800
How to read the results
With the defaults above, pro-rata salary works out at $49,200.