Creating a calculation table for short term disability with multiple calculations
The formula is yearly salary / 52 weeks to get weekly salary. Weekly salary X .60 X Rate based on age. / 10 X 12 / 24
The expected result is 11.39 bi weekly deduction.
Annual Salary 41,141.18 / 52 weeks = 925.79 / week.
925.79 X .60 % payout = 555.47
555.47 X .41 (rate per 10.00 based on age)
227.74 / 10 = 22.77
22.77 X 12 Months / 24 deductions = 11.385
I'm not sure how to duplicate this formula in a DBA calculation table.
Tom