{"id":173092,"date":"2024-01-19T11:17:55","date_gmt":"2024-01-19T11:17:55","guid":{"rendered":"http:\/\/realbusiness.co.uk\/?p=173092"},"modified":"2024-04-17T11:49:55","modified_gmt":"2024-04-17T10:49:55","slug":"how-to-work-out-pro-rata-salary","status":"publish","type":"post","link":"https:\/\/realbusiness.co.uk\/how-to-work-out-pro-rata-salary","title":{"rendered":"How To Work Out Pro Rata Salary"},"content":{"rendered":"
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Pro-rata is a Latin term that means “in proportion”. In the context of salaries, a pro-rata salary means pay in proportion to the time employees work, although it can mean share dividends etc.<\/strong><\/p>\n

This is important for a business or company owner to understand. In the modern business world, part-time employees take on specialised and important roles and pro-rata is used to calculate their salary. This allows a business to grant fair compensation for the work they do.<\/span><\/p>\n

But how do you calculate pro-rata salary? In this article, we will go over how to calculate on a pro-rata basis, holiday entitlement, and the best practices that can help elevate your business and employees.<\/span><\/p>\n

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