Enter the yearly rate ($/year) into the Payroll Rate Calculator. The calculator will evaluate the Payroll Rate.

## Payroll Rate Formula

The following two example problems outline the steps and information needed to calculate the Payroll Rate.

**PAYR = YR / 52**

- Where PAYR is the Payroll Rate ($/payroll)
- YR is the yearly rate ($/year)

## How to Calculate Payroll Rate?

The following example problems outline how to calculate Payroll Rate.

Example Problem #1:

- First, determine the yearly rate ($/year).
- The yearly rate ($/year) is given as: 50,000.

- Finally, calculate the Payroll Rate using the equation above:

PAYR = YR / 52

The values provided above are inserted into the equation below and computed.

PAYR = 50,000 / 52 = 961.53 ($/payroll)

Example Problem #2:** **

For this problem, the variables required are provided below:

yearly rate ($/year) = 30,000

Test your knowledge using the equation and check your answer with the calculator..

PAYR = YR / 52** = ?**