Employees may be paid by the hour or by salary, with other payment options like bonuses, commissions and by-the-project. With a salary, workers and bookkeepers may need to calculate work hours and pay ...

The average person works thousands of hours in a given year, but how many exactly? This can be tougher to calculate than you may think. This breakdown will explore how many work hours are in a year, ...

Work-in-process inventory refers to the partially completed materials within a production line. According to the team at Accounting Tools, this term considers the cost of raw materials, direct labor ...

To start, you might be tempted to just use a per-hour rate. You might look at what others make for similar work to set that rate for yourself. However, this isn’t a great solution. You’ll quickly hit ...

QUESTION: I know that I need to have a certain amount of work under Social Security in order to receive benefits. How much work credit will I need? ANSWER: To determine the number of credits you need ...

Q: Several of my employees’ workweeks vary from week to week. Some might work 30 hours one week and 40 hours the following week. How do I calculate their intermittent FMLA leave in any given week? A: ...

International students are permitted to work an aggregate of 20 hours per week of on-campus employment during the semester, and full-time (40 hours) on-campus employment during school vacation periods ...

The stats don’t lie: Americans aren’t calculating how much they need to save for retirement. Over half of workers “guessed” at a retirement savings target, according to Transamerica, with most landing ...