80 Ill. Adm. Code 310.240
Daily or Hourly Rate Conversion
Section 310
Section 310.240Â Daily or Hourly Rate Conversion
Rates of pay for employees whose work is of an irregular
nature and whose compensation is based on a daily or hourly rate shall be
computed as follows:
a)Â Â Â Â Â Â Â Â Daily
Rate Conversion – Conversion of the applicable monthly salary to an annual
amount and dividing the result by the number of working days in a year
according to the normal work schedule of that class for the agency.
b)Â Â Â Â Â Â Â Â Hourly
Rate Conversion – Conversion of the applicable monthly salary to an annual
amount and dividing the result by the number of working hours in a year
according to the normal work schedule of that class for the agency.