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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