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2017 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-5709 Equivalent employees, defined.
Universal Citation: NE Code § 77-5709 (2017)
77-5709. Equivalent employees, defined.
Equivalent employees means the number of employees computed by dividing the total hours paid in a year by the product of forty times the number of weeks in a year. A salaried employee who receives a predetermined amount of compensation each pay period on a weekly or less frequent basis is deemed to have been paid for forty hours per week during the pay period.
Source
- Laws 2005, LB 312, § 31;
- Laws 2013, LB34, § 2.
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