Fiscal Year ’19-’20 Number of Working Days = 262

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Posted at 11:57 am July 10, 2019, in Uncategorized

Monday, July 01, 2019 starts a new Fiscal Year – the number of working days in Fiscal Year 2020 (7/1/19-6/30/20) is 262. This adjustment in the number of Fiscal Days will be processed automatically in PeopleSoft for the university.

Calculation of the bi-weekly is derived by taking the annual rate (listed as NAANNL in HCM) and dividing by 26.2.

NAANNL Rate = $55,000/26.2 = 2099.24 – Bi-Weekly Rate

NAANNL Rate = $55,000/262 = 209.92 – Daily Rate

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