Nev. Admin. Code § 616C.432

Current through November 8, 2024

Section 616C.432 - Calculation of average monthly wage

The average monthly wage will be calculated by multiplying the average daily wage of an employee during a period of earnings by 30.44. The following formulas will be used to compute an average daily wage and an average monthly wage:

1. Gross earnings divided by days in period of earnings = average daily wage.

2. Average daily wage x 30.44 = average monthly wage.

Nev. Admin. Code § 616C.432

Industrial Comm'n, No. 40 § 5, eff. 3-26-82-Div. of Industrial Relations

NRS 616A.400, 616C.420