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Annualized Base Salary - The annualized salaries are calculated so that Kamsa can compare any hourly or part-time employees’ salary to market compensation data (which is represented in annualized format), accurately (allows for “apples to apples” comparison).

For hourly employees, their pay is annualized by calculating their hourly rate multiplied by the standard number of hours a full-time employee works on an annual basis (e.g., for the U.S., 2080 work hours in a year).

Part-time employees' annualized salary is calculated using the rate of a full-time equivalent employee.