Fla. Admin. Code R. 60L-32.002

Current through Reg. 50, No. 235-239, December 10, 2024

Section 60L-32.002 - Computation of Hourly Rate of Pay

(1) All pay is computed on the basis of 2080 work hours annually, regardless of whether an employee is paid biweekly or monthly.

(2) Calculate hourly base rate of pay as follows:

Biweekly Base Rate of Pay x 26 = Hourly Base Rate of Pay

2080 Hours

Monthly Base Rate of Pay x 12 = Hourly Base Rate of Pay

2080 Hours

(3) Calculate hourly regular rate of pay as follows:

Biweekly Regular Rate of Pay x 26 = Hourly Regular Rate of Pay

2080 Hours

Monthly Regular Rate of Pay x 12 = Hourly Regular Rate of Pay

2080 Hours

(4) If an employee is paid at different rates of pay during a pay period, the employee's hourly pay at each rate shall first be determined as demonstrated above. Next, the number of hours worked at each hourly rate shall be multiplied by that hourly rate and the two amounts shall be added to obtain the total amount to be paid during that pay period. To determine the weighted average hourly rate of pay for the pay period, the total pay for that pay period is divided by the total hours worked during the pay period.

Fla. Admin. Code Ann. R. 60L-32.002

Rulemaking Authority 110.1055, 110.201(1), 110.403(1)(c), 110.605(1) FS. Law Implemented 110.131, 110.2035, 110.403, 110.603 FS.

New 1-1-02, Amended 4-3-03, 1-26-14.