Nebraska Statutes
§ 77-5709 — Equivalent employees, defined
Nebraska·Ch. 77 Revenue and Taxation
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.
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Legislative History
Source: Laws 2005, LB 312, § 31; Laws 2013, LB34, § 2.
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