Difference between revisions of "Annualize"
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(New page: To calculate the impact of a new appropriation or reduction on the basis of a full year. For instance, if an employee is terminated halfway through the fiscal year, the budget reduction in...) |
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To calculate the impact of a new appropriation or reduction on the basis of a full year. For instance, if an employee is terminated halfway through the fiscal year, the budget reduction in that year will equal half the employee's annual salary. The "annualized" reduction is the full amount of the employee's salary. | To calculate the impact of a new appropriation or reduction on the basis of a full year. For instance, if an employee is terminated halfway through the fiscal year, the budget reduction in that year will equal half the employee's annual salary. The "annualized" reduction is the full amount of the employee's salary. | ||
| + | [[category:economics]] | ||
| + | [[category:finance]] | ||
Revision as of 21:51, July 15, 2007
To calculate the impact of a new appropriation or reduction on the basis of a full year. For instance, if an employee is terminated halfway through the fiscal year, the budget reduction in that year will equal half the employee's annual salary. The "annualized" reduction is the full amount of the employee's salary.