How to find average salary

To make the calculation of the average wages of the employee, first determine the period for which it must be calculated. As a rule, this period acts 12 calendar months. But if the employee is working in the company less than a year, for example, for 10 months, then you need to find the average earnings for the time that the specialist performs their work functions.

Now determine the amount of wages which were actually accrued during the calculation period. To do this, use the payroll on which the employee was granted all the required payments. If you are unable to use these documents, monthly salary, bonuses, allowances and multiply by 12 (or the number of months that the employee is working in the company if it is executed in the company less than a year).

Calculate the average daily earnings. To do this, the amount of wages for the billing period, divide by the average number of days per month (currently it is 29.4). The result, divide by 12.

Then, determine the amount of time actually worked. To do this, use the sheet of accounting of working time. This document must complete the timekeeper, personnel clerk or another employee, which is written in job responsibilities.

The number of actual hours worked multiply the average daily earnings. The resulting amount is the average wage of a specialist within a year. The result, divide by 12. It will be the average monthly earnings. This calculation applies to employees who have payroll depends on the time actually worked.

Where the employee established piece-rate pay, the tariff rate (specified in the staffing table and the specific employment agreement) multiply by the number of produced products (use certificate of completion or other document in which it is fixed).