Re: Yearly income question

[Guest guest]

In a message dated 1/1/02 6:58:56 PM Central Standard Time,

band_aid27@... writes:

> Can someone tell me the formula to fiqure out your

> yearly income working 24 on and 48 off?

>

Sure. Assuming that you get paid for all your hours, and that you have a

pretty standard schedule, you can use the following formula:

3,328 (hours) X your regular (not overtime) hourly rate = your base annual

salary.

This accounts for the " scheduled overtime " that occurs with a 24/48 schedule.

Obviously, it does not include unschedule overtime.

The actual calculation is as follows:

24/48 personnel are scheduled for 2,912 hours per year; 2,080 at

regular time (although some people say it's actually 2,076) and 832 hours at

overtime. The 832 hours of overtime are the equivalent of 832 hours at

" straight " time PLUS 416 (half) more hours to get the time-and-a-half effect.

This (2,080 + 832 + 416) equals 3,328.

This is not exact....there are a few hours above and below this amount for

each shift, but it'll be within a few dollars per year of actualy salary.

, BS, LP

Director of Prehospital Services

and White Hospital

2401 South 31st Street

Temple, Texas 76508

voice

fax

[Guest guest]

We work a 40 hour week. We get 8 hour of scheduled

overtime on our " long " week. Also, we are only paid

for 16 hours instead of the full 24 hours, unless we

don't have that 5 hour down time. Any overtime is

time and half. Is that enough information?

--- " Mike , LP " wrote:

> Depends. How does your provider structure overtime

> pay? What pay cycles

> are you on?

>

> Mike

>

> Yearly income question

>

>

> > Can someone tell me the formula to fiqure out your

> > yearly income working 24 on and 48 off?

> >

> > __________________________________________________

> >