Pro rata is an adverb or adjective meaning in equal portions or in proportion. The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides. Answer the questions you are looking for here. Top of the most correct and useful answers are shared for free.
Is it pro rate or pro rata? – Frequently asked questions
What it means to pro rate?Definition of prorate transitive verb. : to divide, distribute, or assess proportionately. intransitive verb.
Pro rata is a Latin term…Pro rata is a Latin term used to describe a proportionate allocation. It essentially translates to “in proportion,” which means a process where whatever is being allocated will be distributed in equal portions.
If something is distributed pro rata,…If something is distributed pro rata, it is distributed in proportion to the amount or size of something. All part-timers should be paid the same, pro rata, as full-timers doing the same job. Pro rata is also an adjective. They are paid their salaries and are entitled to fringe benefits on a pro-rata basis.
How to calculate pro rata salaryDivide…How to calculate pro rata salary
- Divide the full-time annual salary by 52 (number of weeks)
- Divide the result by 40 (standard full-time weekly hours) to get the hourly rate.
- Multiply the hourly rate by the number of actual work hours per week.
- Multiply this by 52 to get the annual pro rata salary.
Explore Is it pro rate or pro rata? with tags: Pro rata calculator, What is pro rata salary, Pro rata example, Pro rata formula, Pro rata rent meaning, pro rata’d, Pro rata insurance
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