
What does per annum pro rata mean?
Per annum means every year and pro rata is Latin for proportionally. This phrase generally relates to the allocation of funds. For example, a part-time worker would get paid per annum pro rata base...
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http://www.answerbag.com/q_view/2256337
How to Calculate Pro Rata Pay?
According to TheSite.org, pro rata pay is a Latin term meaning: "Portion of" or "Proportionally." Pro rata pay is often used as a pay scale for part-time employees doing the same job as their full...
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http://www.ehow.com/how_6530160_calculate-pro-rata-pay.html