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What's with telling YEARLY salaries? (lemmy.zip)
submitted 3 years ago by to c/asklemmy@lemmy.ml
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I think this is mostly a US thing. Why use yearly salary? You're not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.

"I'm making 50k". Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what's the monthly paycheck? Net? Gross?

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[–] 4 points 3 years ago (4 children)

Divide your annual salary by 2080 hours/year for the hourly rate.

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  • [+] 1 point 3 years ago (3 children)
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  • [–] 4 points 3 years ago (2 children)

    The 2080 assumes you’re salaried at the normal 40 hours per week rate. Salaried employees don’t get a variable amount each week if you work more or less hours than normal.

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