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Calculation of daily pay from annual salary

(4 Posts)
TheChineseChicken Sat 11-Mar-17 19:27:53

Does anyone know how your daily rate would be calculated from an annual salary? Do I take my salary and divide by 260 (i.e. 5 days per week x 52 weeks per year) or do I need to subtract annual leave allowance and bank holidays from this? I can't work out which is logically correct. This is for calculating how much I will get reimbursed for annual leave not taken if that makes a difference.

Rio2016GB Sat 11-Mar-17 19:54:04

Salary÷260 = daily rate

TheChineseChicken Sat 11-Mar-17 19:59:06

Thanks!

SarahOoo Wed 15-Mar-17 20:52:04

As above or the same thing....

Salary/52=X
X/5=daily rate

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