Glossary entry (derived from question below)
angielski term or phrase:
retro
polski translation:
wynagrodzenie z mocą wsteczną/podwyżka z wyrównaniem wstecznym
Added to glossary by
Frank Szmulowicz, Ph. D.
Jun 24, 2017 16:30
7 yrs ago
6 viewers *
angielski term
retro
angielski > polski
Biznes/finanse
Finanse (ogólne)
payslip, ale ze Szwajcarii
current gross amount
***retro*** amount
social insurance
taxes
post tax deductions
net pay
earnings
***retro*** hours/units
retro amount
rate
hours/units
current amount
current gross amount
***retro*** amount
social insurance
taxes
post tax deductions
net pay
earnings
***retro*** hours/units
retro amount
rate
hours/units
current amount
Proposed translations
(polski)
| 3 | wynagrodzenie z mocą wsteczną/podwyżka z wyrównaniem wstecznym |
Frank Szmulowicz, Ph. D.
|
| 1 | zaległy |
Jacek Kloskowski
|
Change log
Jan 19, 2018 12:38: Frank Szmulowicz, Ph. D. Created KOG entry
Proposed translations
20 min
Frank Szmulowicz, Ph. D.
USA
USA
Native in angielski
&
polski
Works in field
USA
On time, on target, on budget.
Native in: angielski 
, polski
Works in: polski > angielski, angielski > polski, rosyjski > polski, and 1 more.
Related KudoZ points
:
1117
Selected
wynagrodzenie z mocą wsteczną/podwyżka z wyrównaniem wstecznym
The employee is paid with account for a raise the employee received earlier.
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Note added at 22 mins (2017-06-24 16:52:49 GMT)
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Back wages are not the same as retroactive pay. Back wages, or back pay, refers to unpaid wages that are owed to an employee for a time period in which they were not paid at all. On the other hand, retro pay usually has to do only with a difference in wage rates
--------------------------------------------------
Note added at 24 mins (2017-06-24 16:55:02 GMT)
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Do any of these scenarios sound familiar?
You have an employee who earned a pay raise, but you forgot to increase their wages during the correct pay period.
You miscalculated an employee’s wages for the hours they worked, causing you to give the employee lower wages during a pay period.
An employee earned a big commission on a sale, but you cannot pay the commission until the customer pays. You need to wait until a future pay period to pay the commission.
In all of these scenarios, the employees should have earned more than what you paid them during previous pay periods. You owe your employees retro pay. What is retro pay?
What is retro pay?
Retro pay, or retroactive pay, is compensation related to a previous pay period. You give retro pay later than when the initial pay took effect. Retro pay and back wages are different. Back wages, or back pay, is wages you owe an employee for a pay period when you did not pay the employee at all.
You might need to make a retro adjustment for:
pay raises
miscalculated wages
miscalculated overtime earnings
commissions
bonuses
--------------------------------------------------
Note added at 22 mins (2017-06-24 16:52:49 GMT)
--------------------------------------------------
Back wages are not the same as retroactive pay. Back wages, or back pay, refers to unpaid wages that are owed to an employee for a time period in which they were not paid at all. On the other hand, retro pay usually has to do only with a difference in wage rates
--------------------------------------------------
Note added at 24 mins (2017-06-24 16:55:02 GMT)
--------------------------------------------------
Do any of these scenarios sound familiar?
You have an employee who earned a pay raise, but you forgot to increase their wages during the correct pay period.
You miscalculated an employee’s wages for the hours they worked, causing you to give the employee lower wages during a pay period.
An employee earned a big commission on a sale, but you cannot pay the commission until the customer pays. You need to wait until a future pay period to pay the commission.
In all of these scenarios, the employees should have earned more than what you paid them during previous pay periods. You owe your employees retro pay. What is retro pay?
What is retro pay?
Retro pay, or retroactive pay, is compensation related to a previous pay period. You give retro pay later than when the initial pay took effect. Retro pay and back wages are different. Back wages, or back pay, is wages you owe an employee for a pay period when you did not pay the employee at all.
You might need to make a retro adjustment for:
pay raises
miscalculated wages
miscalculated overtime earnings
commissions
bonuses
4 KudoZ points awarded for this answer.
Comment: "ta"
35 min
Jacek Kloskowski
USA
USA
Native in angielski
&
polski
Specializes in field
USA
Law Economy Computing Defense Medical
Native in: polski , angielski
Works in: angielski > polski, polski > angielski, polski, and 1 more.
Related KudoZ points
:
178
zaległy
Retroactive or back pay refers to income owed to an employee from a previous pay period. Retroactive pay may happen for a number of reasons, such as incorrect salary compensation or wages for hours worked, or a pay increase. Whatever the reason, as a small business owner, you’re supposed to ensure that the respective employee receives the correct amount of retroactive pay.
Determine Hours Paid
Before you begin computing the actual amount due for retroactive pay, you must first figure out what the employee actually received. For example, during the last weekly pay period you compensated the employee for 35 hours, but she should have been paid for 40. On the upcoming weekly payroll, pay the employee for five hours plus all hours worked in the current pay period.
Figure Hourly Rate
After computing the number of hours due, determine the rate of pay you’re supposed to pay them at. For example, compensate regular hours at the employee’s regular hourly pay rate and overtime back pay at his overtime rate for the pay period the retroactive pay is effective. For example, if the employee is owed five regular hours from the previous pay period and his pay rate for that pay period was $10 per hour, compensate the five hours at that rate, which would equal retroactive pay of $50.
Compute Retroactive Salary
To arrive at retroactive amount for a salaried employee, subtract what she was paid from what she should have received. For example, she normally receives $2,000 biweekly; however, in the prior pay period she received $1,800. This means that she’s due retroactive pay of $200.
Retroactive Pay Increase
If an employee receives a pay increase that is effective in a prior pay period, the difference between what she was paid and should have been paid is his retroactive pay. For example, he used to earn $11 per hour. He received a pay increase of $1 that was effective in the last two biweekly pay periods in which he worked 80 hours each. This means that he was paid 80 hours each biweekly pay period at the old rate of $11 when he should been paid at $12 per hour. Multiply the pay rate difference of $1 by 160 hours (80 hours x 2 pay periods) to arrive at retroactive pay of $160. Pay his hours for the current biweekly pay period at the new rate of $12.
http://smallbusiness.chron.com/compute-retroactive-pay-31932...
Determine Hours Paid
Before you begin computing the actual amount due for retroactive pay, you must first figure out what the employee actually received. For example, during the last weekly pay period you compensated the employee for 35 hours, but she should have been paid for 40. On the upcoming weekly payroll, pay the employee for five hours plus all hours worked in the current pay period.
Figure Hourly Rate
After computing the number of hours due, determine the rate of pay you’re supposed to pay them at. For example, compensate regular hours at the employee’s regular hourly pay rate and overtime back pay at his overtime rate for the pay period the retroactive pay is effective. For example, if the employee is owed five regular hours from the previous pay period and his pay rate for that pay period was $10 per hour, compensate the five hours at that rate, which would equal retroactive pay of $50.
Compute Retroactive Salary
To arrive at retroactive amount for a salaried employee, subtract what she was paid from what she should have received. For example, she normally receives $2,000 biweekly; however, in the prior pay period she received $1,800. This means that she’s due retroactive pay of $200.
Retroactive Pay Increase
If an employee receives a pay increase that is effective in a prior pay period, the difference between what she was paid and should have been paid is his retroactive pay. For example, he used to earn $11 per hour. He received a pay increase of $1 that was effective in the last two biweekly pay periods in which he worked 80 hours each. This means that he was paid 80 hours each biweekly pay period at the old rate of $11 when he should been paid at $12 per hour. Multiply the pay rate difference of $1 by 160 hours (80 hours x 2 pay periods) to arrive at retroactive pay of $160. Pay his hours for the current biweekly pay period at the new rate of $12.
http://smallbusiness.chron.com/compute-retroactive-pay-31932...
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