Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the calculation for part-time, pro-rata furlough reductions?

April 26, 2017calculation furlough part-time pro-rata reductions

0

Posted

What is the calculation for part-time, pro-rata furlough reductions?

1 Answer

0

Posted

The salary reduction will be 9.23% of actual salary. Example salary calculation: The AY faculty member in the example above has a base rate (full-time equivalent) of $4,000 per month; with an actual time base of 0.4, the actual monthly salary is $1,600 per month. The salary after furlough will be calculated as follows: first, reduce the base rate of $4,000 by 9.23%. The adjusted base rate is $3,630.80. This adjusted rate would then be multiplied by the time base of 0.4, to give the actual salary after furlough of $1,452.32 per month.