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Salary question - help my brain is fried

3 replies

toospenny · 05/12/2023 20:19

After a (very) long day at work I've come to the conclusion that I might be better off finding a new job.

I've been trying to work out what salary I should look for if I worked somewhere closer to home (outside London) and eliminated some of my travel costs.

I am contracted to work 16 hours a week - I often end up working more and there is no overtime allowance.

I am paid £50k pro rata.

I alternate between one and two days a week over the month.

So weeks one and three I go on Monday. Weeks two and for I do Monday and Thursday.

On a usual day my travel costs me £34.

My brain is completely fried after today and I can't work out how much this is costing me and what I should minus off my current salary.

If I worked closer to home I think I could cut travel costs and time in half.

Well done if you've gotten to the end of my ramblings

OP posts:
JustAnotherSod · 05/12/2023 20:26

You are travelling to work between 6 and 8 times a month (depending on how many weeks there are in the month) - so it is costing you between £204 and £272 a month.

Half of that would cost between £102 and £136 a month - and save the same.

Very roughly, to have no impact on your take home pay (and based on the same number of hours a week), you could afford to reduce your gross salary to £48,600 per annum for the full time post

dotdotdotdash · 05/12/2023 20:28

6 x 34 = 192. That’s net tho so say 300 x 12 for annual cost so £3600. Your pay pro-rated is (16/37) x £50000 = £21621. So you’d need to earn £18021 to have the same financial benefit. Back of an envelope tho!

toospenny · 05/12/2023 20:36

Thanks so much!

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