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working out salary

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tigwig | 19:18 Sat 31st May 2008 | Business & Finance
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Hi, don't know if this is really in right section but could someone please be kind enough to work this out for me please as I don't know if I have done it right! Could you tell me what the hourly rate for a 37.5 hour week would be when the annual salary is �12577. Thanks!
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�6.50
Abdul works out his salary when he counts the coins in his cap after him and bowie the jack russelll have been begging outsside woolies in brighton.


�6.50 sounds like a poor dasy begging abdul.
Leave your foul abuse for chatterbank leggy.

Apologies tigwig but the answer is �6.50.
Nothing foul about telling the truth about a sad beggar.


Question Author
thank you Abdul you confirmed what I thought it was!
Question Author
Actually if you wouldn't mind could you tell me what I would earn a month (net pay) for working 15 hours a week and also what I would earn if I worked 22.5 hours a week as well please. I am just trying to find out how much worse off I will be if I go for this job as it would mean a reduction in salary. You help is appreciated.
�6.43ph based on 52.14 weeks in a year.(Slightly less in leap years?).
Have you calculator Tigwig? Or no spreadsheet on your PC?

And here's one of many sites that calculate approx net pay from gross pay:

http://www.freelanceuk.com/money/paye_calculat or.php
If your 'month' is a true calendar month, your pay will obviously vary slightly because you'll work more days in some months than others. (Unless, of course, your employer uses an averaging system). So the monthly figures, below, provide an average.

However, many people who refer to 'monthly' pay, actually get paid every 4 weeks, so I've given the appropriate figures as well:

Full time work:
Monthly take home = �863.81 (�873.81 from September)
4-weekly take home = 4 x �199.34 = �797.36 (From September, 4 x �201.65 = �806.60)

15 hours per week:
Monthly take home = �419.23 (No change in September)
4-weekly take home = 4 x �96.75 = �387 (No change in September)

22.5 hours per week
Monthly take home = �574.54 (�584.54 from September)
4-weekly take home = 4 x �132.59 = �530.36 (From September, 4 x �134.89 = �539.56)

Source:
My calculator and this website: http://www.thesalarycalculator.co.uk/salary.ph p

Chris
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thank you for the further answers especially yours Chris. factor30 of course I own a calculator in fact I only posted originally to make sure I had worked it out properly but when I got such a quick answer I thought I would save myself the effort and have someone else work it out for me which they did! I'm very grateful.

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