New Job - Salary Query

blondy24

Hello,

I am looking at a new job the salary is £14,700 per annum (pro rata) the hours are 30 per week and during term time only. Does anyone know what the actual salary would be please? Do you just work out the salary for 30 hours per week as opposed to full time per week? Wish they listed the actual salary as would help work out costs etc.

Thanks for your help.

Lokolo

Assuming normal fulltime is 37.5. 30 hours is 80% worth (4 out of 5 days a week). Means your salary would be £11,760.

blondy24

Lokolo wrote: »

Assuming normal fulltime is 37.5. 30 hours is 80% worth (4 out of 5 days a week). Means your salary would be £11,760.

Thanks Lokolo for your help. Would that be the yearly salary even though it would be term time only e.g. 39 weeks a year?

[Deleted User]

I've searched the internet and there appears to be conflicting information around so your best bet would be to contact the school and get clarification, however this is what I have found:

The most likely way you're paid (the majority of people suggest it works this way) is the salary is divided by the number of weeks, the non-term time weeks are deducted and then you are paid the 38 weeks payment spread out over 12 months.

If the annual salary was £10,000 and you worked 52 weeks that would mean you had £192 per week, then take that weekly and multiply it by the number of weeks worked (38) to get £7296 which would be your yearly pay. Divide £7296 by 12 months to work out your monthly pay: £608.

If the job is full time then you don't need to do any adjustment for the hours, 30 hours is what they will consider full time.

For the £14,700 salary:

14700 / 52 = 282.69
282 * 38 = 10716
10716 / 12 = 893

After tax your monthly take home will be £842, £7.40 is the pre-tax hourly wage.

edit:

After further research it seems I missed out 2 considerations, first 30 hours won't be considered full time (my mistake) so you do need to reduce the wage assuming 37.5 hours is what the annual pro-rata salary is for. Secondly you also need to include your paid holiday entitlement, which seems to be estimated to be around 3 weeks.

14700 / 52 = 282.69
282.69 / 37.5 = 7.53
7.53 * 30 = 225.90
225.90 * 42 = 9487.80
9487.80 / 12 = 790.65

Monthly take home after tax would be £772.46. Hourly wage would be £6.50, just above minimum wage.