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The Workplace

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    I don't think you can legally have a contract that only states an approximate salary. You could state an exact hourly rate and the write 'this comes to approximately $45000 a year' but only stating an approximate amount almost certainly doesn't work.
    – quarague
    Commented Jul 3 at 6:47
  • 3
    @quarague Thank you for pointing that out. I'd thought the preceding phrase, "based on hours worked in each pay period" indicated that any annual amount must be only a courtesy approximation calculated for the reader.
    – Fe2O3
    Commented Jul 3 at 7:43
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    @Fe2O3 i can confirm that what you actually wrote, indeed, states that :) the best answer here.
    – Fattie
    Commented Jul 3 at 19:43
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    A year not fitting into an even number of weeks can cause more fun than just the 1 day variance. If you're paid (every other) week it can result in years with an extra pay period. About 15 years ago that happened at the company I worked for; and there was a lot of angst in the office rumor mill that management was considering dividing our annual salary and leave accrual rates into 27 chunks instead of 26. If I ever knew if that was under serious consideration by the powers that be, I've since forgotten. We were given 27 pays that year (and the matching extra hours of PTO).
    – Dan Is Fiddling By Firelight
    Commented Jul 4 at 18:27
  • 2
    Months should be 4 weeks. There should be 13 of them. The extra day or two at the end is a holiday and isn't counted in. Every year should start on a Monday. Done.
    – Happy Idiot
    Commented Jul 4 at 21:24