CHOP Manager Knowledge Base

How to Calculate Paid Time Off for a Legend

When a barber/stylist becomes a Legend, they earn any eligible paid time off at their average weekly gross earning rate, including tips, for the preceding month.
  1. 1

    In Squire, click on the Shop where the Legend works, click "Reports," on the far right there is a drop down "More," click "Commission Payout."

  2. 2

    Under "Payouts," there is a box that says "Today." Click in there and go to at least 4 weeks prior; drag cursor, marking 4 full weeks, Sunday - Saturday, and click "Submit." Right click and "Print" the sheet out in landscape format.

  3. 3

    Take the "Total" amount and divide by "Hours Worked." This will give you the hourly wage.

    • Ex.  8594.71 in "Total" services + 163.47 in "Hours Worked" = 52.57 per hour.
  4. 4

    Multiply PTO hours by the hourly wage.

    • Ex. 36 hours taken x 52.57 = $1892.52
    • This is the PTO earnings
  5. 5

    Divide "Tips" amount by 4.

    • Ex. 2396.80 รท 4 = 599.20
    • $599.20 is the paycheck tip amount
  6. 6

    Minimum wage consideration has to be given to PTO earnings

    • 36 hours x $12 (current minimum wage) = $432
    • $1892.52 - $432 = $1432.52
  7. 7

    Entering earnings in Gusto payroll

    • For the example given above, 36 hours would be entered for paid time off. Legend would be paid $432.
    • $1432.52 would be bonused to Legend.
    • $599.20 would be paycheck tip earnings
    • Legend would receive a gross earnings total of $2491.72 for 36 hours of PTO.