Calculate my hourly rate of pay

chipmunk

Hope someone can help. I want to know my hourly rate of pay and have tried various online calculators but they don't take into account paid holidays etc.

I earn £14,000 per year, work a 35-hour week with an unpaid lunch hour (i.e. 7 paid hours/day) Mon-Fri and get 20 days paid annual holiday plus statutory days.

Any

I am supposing the the unpaid hour is already taken out of the 35hrs a week? (It usually is...)

14000/52/35= £7.692 per hour
(annual wages/52 weeks in a year/hours per week)

What has paid holiday have to do with anything? Those are given by law, you get the same amount of hours in your week off paid... the same amount...

It has nothing to do with the calculation of hourly pay if you are given in contract £14000pa for 35 hrs week.

MyRubyRed

Your holiday entitlement won't impact on your hourly rate. Does your pay slip not state your hourly rate?

ceh209

I know what the OP means... calculating effectively what you're paid for the hours you actually do at work...

OP, the key point is, it's PAID holiday! You're paid for not being there!

Any

ceh209 wrote: »

I know what the OP means... calculating effectively what you're paid for the hours you actually do at work...

In which case 20 days holidays is 4 weeks and statutory holidays there is 8 days (I think?).. which is 1.6 weeks = so take that away from the 52 weeks normally used in calculation.

Then the calculation will be
14000/46.4/35 = £8.62 ph

chipmunk

MyRubyRed wrote: »

Your holiday entitlement won't impact on your hourly rate. Does your pay slip not state your hourly rate?

Er, no it doesn't that's why I asked.;)

Meadows

chipmunk wrote: »

Hope someone can help. I want to know my hourly rate of pay and have tried various online calculators but they don't take into account paid holidays etc.

I earn £14,000 per year, work a 35-hour week with an unpaid lunch hour (i.e. 7 paid hours/day) Mon-Fri and get 20 days paid annual holiday plus statutory days.

7 hours x 5 days = 35 hours per week
35 hours x52 weeks in a year = 1820 hrs

£14,000 / 1820 = £7.69 per hour

chipmunk

Any wrote: »

I am supposing the the unpaid hour is already taken out of the 35hrs a week? (It usually is...)

14000/52/35= £7.692 per hour
(annual wages/52 weeks in a year/hours per week)

What has paid holiday have to do with anything? Those are given by law, you get the same amount of hours in your week off paid... the same amount...

It has nothing to do with the calculation of hourly pay if you are given in contract £14000pa for 35 hrs week.

Thanks. Yes it is "i.e. 7 paid hours/day".

liney

£14000/52weeks = £269.23/35 hours = £7.69ph.

MyRubyRed

chipmunk wrote: »

Er, no it doesn't that's why I asked.;)

Sorry mate. It was obviously a stupid question

MyRubyRed

Chipmunk...another daft question but what do you need to do with the information? Are you being asked to provide it to someone