The amount of retro pay you receive depends on the amount of the difference between your old and new pay rate and the number of hours or days worked during the affected period. To figure it out, find your new rate and subtract your old rate and multiply the result by the number of hours or days you worked during the time you were underpaid. For salaried employees, generally its salary difference over the period of unpaid. The exact breakdown for your retroactive pay is provided by your employer or by HR department.
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what is retro pay?