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by Marfer
Thu Apr 04, 2013 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Furlough Salary Reduction (help with math)
Replies: 13
Views: 2509

Re: Furlough Salary Reduction (help with math)

If I read the question that was asked, we're looking simply for the amount that his gross pay will be reduced in each paycheck during the 6-months affected by the furlough policy: One Day's salary = 100,000/260 [total annual work days] = $384.62 daily salary. That is the one-day furlough "penalty". ...