Quote:
Originally Posted by Unregistered
Can anyone also explain how Prorating words please?
Is it No. of days work / Total number of working days in 1 Jan - 30 Jun 2019 * Salary?
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Mid-year bonus = (Number of days from 1 January to 30 June) divided by (Number of days from 1 January to 30 June) multiple by June salary multiple by the mid-year bonus rate or simply - June salary multiple by the mid-year bonus rate