admin_masu3701
New member
I just signed a 1 year contract with my employer..the contract say they will be paying $3,250 monthly and $39,000 annually, which means i will get equal monthly pay of $3,250 for 12 month.. 4 weeks vacations and full benefit..I have to work 40 hours per week...now my question is how much is this salary if i was paid HOURLY? my brother said $18.75 per hour...
But if i divide my monthly pay of $3,250 per 4 weeks, i get $812.5 per week and if i divide it by 40 hours per week i get $20.31 hourly.
Now is my computation correct? am i really getting pay $18.75 per hour or $20.31
Please help...
Additional Details
i forgot to add that i will be paid for the 4 weeks vacation...
but i will only work 48 weeks and will be pay for 4 weeks that i wont work...so i was adding the $3,250 that i will get paid when not working to the equation.....so $39000 + 32500 = 42250. which is like working 52 full weeks with no pay vacation.
$18.75 x 40 x 4 = $3000 per month not $3250
i will be working 48 week per year..so if u dividing 39000 per 52 weeks then u have to add the 4 weeks am getting pay while not working before dividing by 52. cause my friend is working for $20 per hour and getting $3200 per month..but am getting $3250...so it cant be 18.75..cause that will just give u $3000 per month
But if i divide my monthly pay of $3,250 per 4 weeks, i get $812.5 per week and if i divide it by 40 hours per week i get $20.31 hourly.
Now is my computation correct? am i really getting pay $18.75 per hour or $20.31
Please help...
Additional Details
i forgot to add that i will be paid for the 4 weeks vacation...
but i will only work 48 weeks and will be pay for 4 weeks that i wont work...so i was adding the $3,250 that i will get paid when not working to the equation.....so $39000 + 32500 = 42250. which is like working 52 full weeks with no pay vacation.
$18.75 x 40 x 4 = $3000 per month not $3250
i will be working 48 week per year..so if u dividing 39000 per 52 weeks then u have to add the 4 weeks am getting pay while not working before dividing by 52. cause my friend is working for $20 per hour and getting $3200 per month..but am getting $3250...so it cant be 18.75..cause that will just give u $3000 per month