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How to work out new wages
ooobedoo
Posts: 1,019 Forumite
I am going to reduce my hours at work when DS starts school, mainly due to not being able to find a CM and the after school club not up to much, I will be going from 37hours to 30. Is there a way I can calculate how much my wages will be????????????
Oh....I'm not going to lie to you......At the end of the day, when alls said and done......do you know what I mean.........TIDY
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Comments
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Divide your current wage by 37.
Then multiply the result by 30.
eg. if you are paid £100 a week.
100/37 = 2.70
2.70*30 = 81.08
Your new wage will be £81.08 per week.
Everything that is supposed to be in heaven is already here on earth.
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Thank you, I have worked out that I am 3k a year worse off, but I will be able to take my son to school and pick him up. I have been stressing about this but it looks like I will be better off doing it this way!!! Works out much cheaper than after after school or CM!Oh....I'm not going to lie to you......At the end of the day, when alls said and done......do you know what I mean.........TIDY0
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Remember you probably pay tax on the extra £3k if it is before tax so it will only affect your take home pay by 'about' £2K;)Member of the first Mortgage Free in 3 challenge, no.19
Balance 19th April '07 = minus £27,640
Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.0
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