Weekly pay to salary

Matt_22

I'm trying to work out if I have been paid right in a new job. How do I turn my weekly gross pay to my salary? Thank you

EnPointe

hourly rate  * contracted hours = weekly gross basic pay 

weekly gross pay * 52.14   = annual  basic pay   ( 52.14 =365 / 7) 

annual pay / number of pay days  in a year  - 12 if  monthly  / 13 if  lunar / 4 weekly  =  pay period gross basic  pay  

Matt_22

Could you explain that for me please?
weekly gross pay * 52.14 = annual basic pay ( 52.14 =365 / 7) 

JCS1

52.14 weeks in a year

itsthelittlethings

Are you talking about before or after tax?

Matt_22

Before tax

Dazed_and_C0nfused

Matt_22 said:

I'm trying to work out if I have been paid right in a new job. How do I turn my weekly gross pay to my salary? Thank you

If your question is about the first part payment of what will become a fixed monthly salary then it will to some degree depend on your employers rules.

Matt_22

So you'd times weekly gross by 52.14?

EnPointe

Matt_22 said:

Could you explain that for me please?
weekly gross pay * 52.14 = annual basic pay ( 52.14 =365 / 7) 

52.14  weeks in a year  

365  days in a year divided by  7  days in a week  = 52.14

Matt_22

So if i times my weekly groups by 52.14 that should be my yearly salary?

EnPointe

Matt_22 said:

So if i times my weekly groups by 52.14 that should be my yearly salary?

Yes, as has been explained to you a number of times.