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What’s my term time salary?

4 replies

Zoommeout · 08/10/2024 19:28

Hi all. I’m struggling to work out a term time salary.
The job is advertised as £29,269-£32,076 fte. Working term time only for 22.5 hours a week.
can anyone help?
thanks

OP posts:
Wellbeing24 · 27/11/2024 05:30

£29,269 divided by 52 is £562.86, if a full time week is 37 then that gives an hourly rate of £15.21.
22.5 hours would be £342.22 a week, multiply that by 39 gives you £13,346.58.
Most term time roles are paid in equal monthly instalments so that would be £1112.21 before tax, national insurance and pension contributions. HMRC have a good calculator so you can work out what your net pay is likely to be. Bear in mind that term term roles may be for 45 or 46 weeks so that will change figures again, you will also have pro rata annual/statutory leave as well. I would also check what the full time hours are considered to be as well, if 37.5 or 35 for example this will change the hourly rate.
www.gov.uk/estimate-income-tax

Colourblinds · 27/11/2024 05:55

You will get paid more than 39 weeks, as you will be paid holiday.

Bjorkdidit · 27/11/2024 06:31

@Wellbeing24 you forgot to add on 5.6 weeks statutory holiday. If the job involves actually working for 39 weeks a year, it needs to be paid for 44.6 weeks a year to include the minimum legal holiday allowance. These jobs can be thought of as year round with the option to take around 8 weeks unpaid leave a year that in practice is compulsory.

As for the 22.5 hours per week aspect, you need to account for whatever proportion of full time hours this is. 22.5 hours suggests 3 x 7.5 hour days, ie full time hours is 37.5 pw so you need to multiply £29269 x 44.6/52 x 22/5/37.5 = £15062 pa, which is likely to be paid in equal monthly installments, although I believe that the actual salary in the first year can be lower if you don't start at the beginning of the academic year because the unpaid proportion is higher than if you work for the full year.

PumpkinFizz · 04/02/2025 15:16

It all seems needlessly complicated! I just want to be paid for the work I did, no more no less. Thank you all for your input 😊

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