Example Mid Year Contract Change Calc.xlsx

	A	B	C	D	E	F	G	H
1	Mid Year Contract Change NO Retro-Hourly Rate Employee
2	Fill in fields						Shaded fields are calculated
3	Employee:		Joe Smith		*moving from 5 to 5.75 hours on 24th day of work.
4
5	Days	x	Hours	x	Rate	=	Total
6	23.00		5.00		25.00		2,875.00
7	163.00		5.75		25.00		23,431.25
8							-
9							-
10							-
11	186.00	<-total days for year					26,306.25	<- Contract Obligation
12
13			Less -Amount Paid				2,682.69
14			Less - Amount Docked				-
15
16			Remaining Amount Due				23,623.56
17
18			Divided by Pays Remaining				23.00	Pays in contract minus pays paid
19
20			New Pay Per Period				1,027.11
21
22	If contract was in place starting first day of work:
23	Days	x	Hours	x	Rate	=	Total
24	186.00		5.75		25.00		26,737.50	<-Contract Amount
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