The formula which is used to calculate the adjusted hourly rate values shown within the detailed rota report is:
βWage Cost / Total Hours
The adjusted hourly rate calculation for salaried employees is calculated using the same calculation however the Total Hours value used is dependent on the global
setting named Rota - Split Salary Evenly?
If this setting is True, then Total Hours = 168 (24 * 7)
If this setting is False, then Total Hours = scheduled rota hours for the week.
To calculate the wage cost used in the above calculation, this is:
βTotal chargeable pay + holiday accrual total + national insurance total - total deductions.
