In converting semimonthly wage rates to hourly rates, divide the semimonthly rate by 4 to arrive at the weekly rate, then divide this rate by the standard number of hours.

Question

Quizplus · Accepted Answer

To convert semimonthly wage rates to hourly rates, divide the semimonthly rate by the number of hours worked in the month (usually around 160) to arrive at an hourly rate. Dividing by 4 and then dividing by the standard number of hours would result in an incorrect hourly rate.

In Converting Semimonthly Wage Rates to Hourly Rates, Divide the Semimonthly