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2,000 hours at 40 hours/week is 50 weeks. As a European, that sounds really really high. I believe around 1,700 is the real average for all of EU, for instance
by unwind 5y ago
2,000 hours at 40 hours/week is 50 weeks. As a European, that sounds really really high.
I believe around 1,700 is the real average for all of EU, for instance. That is not enough of course to change the result much (at 1,700 hours they would need €107 or just above four times the earmarked amount), I just wanted to point it out.
- nixass 5y ago1768 hours to be more exact, at least HR in my company (FAANG) in Germany calculates it that way (85%)
- jaclaz 5y agoYes, the back of the envelope calculation (Italy) is: 52 weeks x 5 days/week= 260 working days 260 - 20 (minimum paid holydays) -20 (other reasons, national holidays, etc) = 220 working days 220 x 8 = 1760 hours/year, this could vary - maybe - up to 1800 hours depending on a number of factors, but not more.
- DoingIsLearning 5y ago> 1,700 is the real average for all of EU Salary average is also misleading, there is a fair amount of inequality in European salaries and total compensation, a median would be better suited.
- chrismorgan 5y agoMy figure of 2,000 was estimating the hours you’re paid for, including holidays, not the hours worked, matching Australia’s model for salary, where the figure is normally reckoned annually. It’s still definitely a touch on the high side (standard in Australia is 7.5h/day, which multiplied by 5 days per week and 52 and a bit weeks per year comes to 1,950 hours per year or a little more), but not by much—around 2.5%, rather than 11–12%.