Enter the yearly wage ($) and the number of pay periods into the Calculator. The calculator will evaluate the Exempt Salary.

## Exempt Salary Formula

ES = YW / PP

Variables:

- ES is the Exempt Salary ($/period)
- YW is the yearly wage ($)
- PP is the number of pay periods

To calculate the Exempt Salary, divide the yearly wage by the number of exempt pay periods.

## How to Calculate Exempt Salary?

The following steps outline how to calculate the Exempt Salary.

- First, determine the yearly wage ($).
- Next, determine the number of pay periods.
- Next, gather the formula from above = ES = YW / PP.
- Finally, calculate the Exempt Salary.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

yearly wage ($) = 40000

number of pay periods = 52