How do I work out this salary?

[CwutchUp]

Hi.

I've seen a job ad that says the contract is 150 hours per 4 week period. It gives an hourly rate. Does anyone know how to calculate salary with that information, and how holidays work when contracts are worded like that please? Thanks.

[NapQueen]

There are 13 "four week" periods in a year. So 13 x 150 hours. Multiply that by the hourly rate.

[ImperialBlether]

Wouldn't you just multiple 150 x 4 x Rate? I wonder whether they pay 4 weekly? That's a pain for direct debits.

[ImperialBlether]

Sorry, my calculation was for your pay packet rather than your annual salary.

[NapQueen]

It's 37.5 hours per week; so full time. I'd imagine they do your contract like that so that at busy times you can do 40+ hours and at quiet times you can do below 40.

[AverysillyoldHector]

There are 52.143 weeks in a year (sad person alert) so divide 150 by 4 then multiply by 52.143 for your salary. Divide by 12 if you need to know a calendar month's salary.

[CwutchUp]

Thanks. I assume holidays would be worked out on a normal 7.5 hour day. It's the first time I've seen a salary shown like that.