StacksVerified U.S. regulatory reference

43 CFR §38.2

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
When it is necessary to convert the adjusted annual rate of pay to an hourly, daily, weekly, or biweekly rate, the following methods apply:
  1. (a)To derive an hourly rate, divide the adjusted annual rate of pay by 2,087 and round to the nearest cent, counting one-half cent and over as a whole cent;
  2. (b)To derive a daily rate, multiply the hourly rate by the number of daily hours of service required;
  3. (c)To derive a weekly or biweekly rate, multiply the hourly rate by 40 or 80, as the case may be.