how to calculate a day rate from an annual salary
Divide the annual salary by the number of pay periods in the year to determine the rate per pay period. For example, if a biweekly employee earns an annual salary of $48,000, divide $48,000 by 26 biweekly payrolls to equal $1,846.15.Divide the rate per pay period by the number of days in the pay period to arrive at the daily rate. For example, divide $1,846.15 by 10 biweekly workdays to equal $184.62.or example, if a biweekly employee earns an annual salary of $48,000, divide $48,000 by 26 biweekly payrolls to equal $1,846.15. Divide the rate per pay period by the number of days in the pay period to arrive at the daily rate. For example, divide $1,846.15 by 10 biweekly workdays to equal $184.62.