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Help me figure out my wages - pretty please

29 replies

MrsSkeffington · 26/05/2023 17:10

Hello all

Can you guys help me here? I've been offered a job that is approx 20,400 a year based on full time hours. I will be working 30 hours.

This job is term time only. What would my take home be a month with the extra holiday etc be? Full time is 40 hours per week.

Thanks so much is anyone has the patience to figure this out!

OP posts:
LittleMrsPerfect · 26/05/2023 17:12

So 20,400 is 40 hours per peek 52 weeks of the year with statitory holiday or is it 40 hours per week term time only.

MrsSkeffington · 26/05/2023 17:16

Hello - thanks so much

However that says 18 hours a week and I work 30. It won't let me change it

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MrsSkeffington · 26/05/2023 17:18

Sorry I've not explained it well here

The full time job is 40 hours per week. I will only be working 30. The full time salary is 20400.

I will be term time only. So that also needs to be taken into account

OP posts:
curtainsfringe · 26/05/2023 17:19

You need to prorate the fte salary from 40 hours to 30 & prorate it to term time only (although you will get holiday added to those weeks).

Take home depends on any student loans & pension schemes.

Feliciacat · 26/05/2023 17:21

£20400 per annum for a 40 hour week is about £9.80 an hour. Isn’t minimum wage £10.40 per hour? Or is it something to do with it being term time only so you don’t work school holidays but still get paid in them. So it’s more than £9.80 per hour.

ChickenMacaroni · 26/05/2023 17:21

It'll be around £1100 pcm before tax, pension and NI

You would earn 30/40, or 3/4, of £20400 as you're working 0.75 of full time hours if you weren't term time only. This is £15300.

Term time only is 39 weeks a year, but you're entitled to be paid for at least 5.6 weeks of paid holiday a year including bank holidays. Therefore, (£15300 / 52) x (39 + 5.6) is £13120, divided by 12 for monthly pay.

curtainsfringe · 26/05/2023 17:22

So if you were AYR on 30 hours you would get 15.3k, do you know what holiday allowance you get?

curtainsfringe · 26/05/2023 17:24

@Feliciacat you've based that on working 52 weeks of the yr. The OP will work 38 but paid for approx 44/45 weeks.

Feliciacat · 26/05/2023 17:25

@curtainsfringe oh thank you! I was just concerned for a minute. But that makes sense :)

ChickenMacaroni · 26/05/2023 17:26

However due to minimum wage for 40 hours now being £21673 either TTO is already account for, or it's minimum wage but a 37.5 hours week with eg 9am-5pm hours and a half hour unpaid lunch break.

In which case, 30 hours is actually 0.8 of a full week, so you'll earn £14000 approx which is £1170 pcm gross.

MrsSkeffington · 26/05/2023 17:26

Holiday is 33 days inclusive of bank holidays

OP posts:
MrsSkeffington · 26/05/2023 17:26

So was I then fleciacat!

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curtainsfringe · 26/05/2023 17:27

1/2 unpaid lunch breaks are quite common in schools.

curtainsfringe · 26/05/2023 17:27

hour!

MrsSkeffington · 26/05/2023 17:30

So we are talking approx £1100 a month but term time only? I currently eat £1060 so it's a little jump but more time off

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MrsSkeffington · 26/05/2023 17:35

I've figured that it's £15300 a year

OP posts:
ChickenMacaroni · 26/05/2023 17:35

Yes - if TTO (term-time only) has already been accounted for in the salary, then it's a simple (30 ÷ 40) x 20400 ÷ 12 to give your monthly gross.

If TTO hasn't been accounted for then it's either £1100ish if the work week is really 40 hours FTE (full-time equivalent) but that gives a salary below minimum wage, or most likely IMHO is £1170 with 37.5 hours being FTE.

ChickenMacaroni · 26/05/2023 17:37

£15300 per year assumes term-time only - being paid for 44.6 weeks a year of which you work 39 and get minimum paid holiday of 5.6 weeks a year - has already been accounted for in the quoted salary. You need to find out if that's the case.

MrsSkeffington · 26/05/2023 17:38

Yes the salary does account for term time only

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ChickenMacaroni · 26/05/2023 17:40

Then it's super simple - you're working 30 out of a possible 40 hours, ie 0.75 of a working week, so £15300 is right. 🤗Sounds like a nice jump in pay for you.

MrsSkeffington · 26/05/2023 17:41

But that's is with the holiday entitlement of 33 days - I'd now be going to term time only you see. So it could end up costing me a lot

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ChickenMacaroni · 26/05/2023 17:49

You said term-time only was accounted for in the quoted salary, so I'm really confused.

I've given you sums to pro-rata it to term-time only, or not if that's already been done, so it's up to you to ask HR for clarification.

Honestly, the worst case scenario is £1100 pcm, to be paid in 12 equivalent instalments year round. That's based on the £20400 for full-time being for 52 weeks a year and 40 hours a week, which would be an illegal hourly rate.

MrsSkeffington · 26/05/2023 17:50

Sorry so we are paid for 33 days a year holiday, irrespective of hours worked etc.

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