Can some one help me with a pro rata calculation?

Sassers

........If one you kind MSEr's could help me I'd be really grateful...

I'm number blind aka dyslexic - but only with figures and have been struggling to work out a pro rata calculation! Looked all over google and still can't understand it.

Please can someone help - these are the calculations:

The pay is £27,000
The full hours the company do per week is 39.
The hours I'll be working is 9am - 5pm with half hour lunch.
I'll be working two days....

Huge thanks in advance as I think my brains about to explode.
Sassers x

amanda40

I get it to approx £10384.00.

That is not including your lunch half hour though as not sure if you are paid for that. :beer:

Anihilator

How on earth does someone who cant work that out get £27000 per year pro rata.

Sassers

Amanda - thank you very much. I really do appreciate it. There are lots of different formulas on the net but I got different answers for all the ones I tried.

It's not easy when you struggle with numbers!
Thanks once again
Kind Regards
Sassers x

Anihilator

Sassers wrote: »

Amanda - thank you very much. I really do appreciate it. There are lots of different formulas on the net but I got different answers for all the ones I tried.

It's not easy when you struggle with numbers!
Thanks once again
Kind Regards
Sassers x

I wouldnt expect a £27,000 job to be easier. In fact far harder

SueC_2

I make it £10800.

There are two ways of calculating this:

£27000 divided by 52.143 gives you a full-time weekly rate of £517.81.
£517.81 divided by 5 gives you a full-time daily rate of £103.56.
£102.56 multiplied by 2 gives you a two-day per week pro-rata rate of £207.12.
£207.12 multiplied by 52.143 gives you a pro-rata'd annual rate of £10799.86.

Or, more simply perhaps:

£27000 is for a five day week throughout the year.
Divide it by 5 to get a one day per week annual rate of £5400,
Then multiply that by 2 to get a two day per week annual rate of £10800.

Sassers

Oooh fab Sue thank-you as well. I'll print the thread off and stick it in the back of my diary so I have both of your replies....

And as for you Anihilator - go away and troll another thread. I was asking for help, which funny enough was absent in your posts. Save your breath.

Thanks to all
Sassers x

ceebeeby

I don't think Sue C's is right, as she's based it on 2 working days as opposed to working hours. You've stated you're working 8 + 8 (16 hours) - 1 hour lunch (i.e. 15 hours). Full time is 39 hours.

Therefore, to work out your pro-rate you need to divide the 15 by 39 which gives you 0.38461. Therefore your offer is for 38% of the full time job.

The salary on offer is 27,000. 38.461% of 27,000 is £10,384. (27000/100 * 38.461).

Hope this helps

x

adg1

I make it £10800.

(27000 / 4) / 13 = £519.23 per week or £13.31 per hour

39 hours / 5 days = 7.8

7.8 hours per day x 2 = 15.6 hours total worked on your 2 days.

( 15.6 x £13.31 ) x 13 x 4 = £10,799.99 roughly :beer:

Hope that helps!

adg1

ceebeeby wrote: »

I don't think Sue C's is right, as she's based it on 2 working days as opposed to working hours. You've stated you're working 8 + 8 (16 hours) - 1 hour lunch (i.e. 15 hours). Full time is 39 hours.

If all employees work the same 8 hours a day with lunch so 7.5 hours per day you'd be left with 5.2 days?

Great. Now I make it £10381.80 using the hourly rate I worked out above and 15 hours paid. :rolleyes:

Ah well. Its in between £10,300 and £10,800 anyway by all our reckoning. :T

Anihilator wrote: »

How on earth does someone who cant work that out get £27000 per year pro rata.

Because not everyone needs to know how to. I have a degree, years of work experience and still got a different answer both times.

DVardysShadow

Anihilator wrote: »

How on earth does someone who cant work that out get £27000 per year pro rata.

A question? From Anihilator? Something you don't know the answer to?