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How can £45k per annum equal £12.5 per hour, what am I not getting? Is he assuming average 69 hour work week?
by michalu 13y ago
How can £45k per annum equal £12.5 per hour, what am I not getting? Is he assuming average 69 hour work week?
- gus_massa 13y ago4500/360/10=12.5 No weekends, no vacations, and 2 hour daily unpaid overtime. :) Probably, back of the envelop calculation, with a lot of rounding in the parameters.
- agilebyte 13y agoYeah, it is very rough: a) 45k has not been the average for the years leading up to 2013. b) 45k is pre tax, 33k is post tax. c) I suspect that SO is used more frequently by people on the lower rungs of the pay scale. d) The average for "developer" (which is the biggest group in the stats) is 40k. As a side note, wow 45k is a massive number. http://www.itjobswatch.co.uk/jobs/uk/developer.do http://www.itjobswatch.co.uk/jobs/uk/developer.do