We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is an annual salaried job being advertised at under NMW?

IrkedandPuzzled
IrkedandPuzzled Posts: 9
Third Anniversary Name Dropper First Post
Forumite

I've searched online already at the various calculators as well as my own maths, and can't quite figure this one out…..

I've recently seen the replacement advert for a friend who's leaving a post within a fairly reasonable £££m sized firm. The (very inflexible) office hours they work are M-Th 8-5:30 and F is 8-5. So that get's 47hrs which if we assume include an 'unpaid' hours lunch each day becomes 42hrs. The job advert on Indeed is advertising at £27,500.00 pa.

Standard AL allowance of 28 days to include public holidays and closure over Christmas > New Year.

So 42 x 52 weeks = 2184 hours, £27500/2210 = £12.59, slightly under NMW.

Or am I getting this wrong?

«1

Comments

★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.