HOW TO WORK OUT PRO-RATA PAY FOR YOUR EMPLOYEES

As a business owner or employer, you have probably heard of the term, “pro-rata”. However, what you might not have known is that its use case goes beyond the world of business and finance. Here is everything you need to know about pro-rata. What pro-rata means? How to apply it to your system of compensation? Do you have any ideas on how to work it out and why you should consider a pro-rata payment system?

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Pro-rata is one of the best ways to pay employees fair wages amongst other things and here is how to work your own pro-rata with formula