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Mid Year Contract Change- Retro Spread Over Remaining Pays

Mid Year Contract Change- Retro Spread Over Remaining Pays

Mid Year Contract Change- Retro Spread Over Remaining Pays:

-New Compensation Pays in Contract equals Old Compensation Pays in Contract minus Old Compensation Pays Paid

-Amount to be Earned equals ((Old Compensation Contract Work Days minus Old Compensation Contract Days Worked) times New Compensation Daily Rate)

-Retro Amount equals (New Compensation Daily Rate minus Old Compensation Daily Rate) times Days Since Raise

-New Compensation Amount Earned equals Old Compensation Accrued Wages

-New Compensation Contract Obligation equals Amount to be Earned plus Old Compensation Accrued Wage

-Add Retro Amount to New Compensation Amount Earned

-Add Retro Amount to New Compensation Contract Obligation



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