Help working this out!

HappyDaddy_2

Hi Folks!

I've just had a baby with my wife, and going back to work after the paternity leave has made me re-evaluate whats important. I work 36 hours a week, with ~15 hours travelling and unfortunately jobs in the area I live don't pay anywhere near like what I currently earn so I feel a bit "trapped".

I currently earn around £34k a year, after tax, pension, share-save scheme, parking, union fee's it works out at about £1920 per month. I have to travel 70 miles a day to work, and 70 miles a day back, which costs around ~£340 a month, so I come out with around £1600 cash that is "mine" at the end of the month.

I need to continue paying into our joint bank account ~£1100 for the house and food and bills etc, and still have money to pay my own small bills like mobile phone, fuel for car or bus fare etc. and my own entertainment.

I have seen a job near (almost around the corner!) me which I am qualified for and would probably really enjoy, and the pay is listed as "£19,621 Pro Rata, Term Time, Only + 10 days".

I would obviously get more time with my family, wouldn't have to think about child care during term time, but I am not sure if I could afford the pay drop in the first place! There are things we can stop spending money on, but still, the drop seems a lot!

So - thats the situation, and I suppose the questions are:

How can I work out how much money I would get per month, based on the pay listed in the job advert.

If I was earning the new salary, and my wife was earning around £24k, do you think we would be entitled to any benefits?

What would you do in this situation - stay with the pay, or reduce your wage to spend more time with the family?

Thanks!

p00hsticks

I think if I were you I'd consider moving closer to my existing job, in order to save £340 and 60 hours travelling a month - more money AND more time with the family ..... is that an option ?

iamana1ias

Salary for the new job would be around 15k and you'd see about £1k after deductions each month. That's one hell of a drop in wages, but no doubt they'll be throwing money at you in tax credits etc.

ormonde

HappyDaddy wrote: »

Hi Folks!


I have seen a job near (almost around the corner!) me which I am qualified for and would probably really enjoy, and the pay is listed as "£19,621 Pro Rata, Term Time, Only + 10 days".

How can I work out how much money I would get per month, based on the pay listed in the job advert.

Thanks!

I work in a school term time only + 10days and your pay would be just under £17000 per annum.
You get paid for the 38 weeks that the children are in school + 2 weeks that you would work during the school holidays + approx 5 weeks holiday pay =45 paid weeks.
This 45 weeks pays is spread over 12 months so you get the same amount of pay each month ie you get the same pay in August(when you might not be in school) as you would get in September (when you are in school every day)

liney

Wouldn't that be 41 weeks paid, not 45? 39 term time plus 10 days, so £15470?

ormonde

liney wrote: »

Wouldn't that be 41 weeks paid, not 45? 39 term time plus 10 days, so £15470?

Some support staff are only on term time contracts so these people only work 38 weeks(these are the days children attend school). Others are on term time + 5 or 10 days so these people work 39/40 weeks.
Support staff are then entitled to paid leave of approx 5 weeks.
Somebody on a 38 term time contract would therefore get approx 42/52 of the annual salary, somebody on a term time +10 days contract (ie working 40 weeks) would get 45/52 of the annual salary = £16979

kingfisherblue

School jobs are often shorter days as well, so as the pay is pro rata, you would have to take this into account as well - if it's only 9am until 3.30, with lunchtime unpaid, it could be as little as 27 hours a week paid.

Oldernotwiser

kingfisherblue wrote: »

School jobs are often shorter days as well, so as the pay is pro rata, you would have to take this into account as well - if it's only 9am until 3.30, with lunchtime unpaid, it could be as little as 27 hours a week paid.

The OP didn't say it was a job in a school.

ormonde

HappyDaddy wrote: »

Hi Folks!



I have seen a job near (almost around the corner!) me which I am qualified for and would probably really enjoy, and the pay is listed as "£19,621 Pro Rata, Term Time, Only + 10 days".


Term time seems to imply it is in a school/ college

kingfisherblue

Oldernotwiser wrote: »

The OP didn't say it was a job in a school.

True. I made an assumption because of the phrase term time only, plus ten days. Maybe the OP could clarify?

HappyDaddy_2

The job is in a school, and I think that without top ups from some sort of benefits the drop is going to be too much for me.

Moving isn't really an option as my wifes family live hear, and my family are scattered over the world, so this is "home" and we wasn't to stay here.

I might get some glossy brochures made up telling my skills that are aimed towards schools and send them out to all the schools, this way I could put my pay requirements on it. I'm not being greedy, but £1000 is too little. I would be able to drop to about £1400 a month with some major cut backs.

Never kind! Thanks for the input though!