days in a year

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crashuk said:
149.50 , 52 times dosent not equal to £7800.
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No but 52.14 times 149.50 does, near as dammit!

I think the root of your problem is this mythical "£150 a week". The contract obviously states £7800 per annum or £650 per month, which are obviously the same thing. This equates to approximately £149.50 per week, NOT £150, but someone has obviously just called it "150 quid" for ease.

Leaving leap years out of it for simplicity and assuming 365 day years, you are paid £7800 per year or £650 per month or £21.37 per day. Can you at least see how this is worked out? 7800/12=650, 7800/365=21.37.

If you are paid £21.37 per day then you are paid £149.59 per week (21.37x7=149.59).

There are approximately 52.14286 weeks in a year. £149.59 x 52.14286 = £7800.05 per year.

Where is the problem here!?
 
149.50 * 52 = 7,774.00

But there is 1 point something days left for you to work in that year. [52*7 = 364, but there are roughly 365.2 days in a year]

That extra day is when you can earn your remaining £26 to reach your target (roughly).

You are therefore being paid the right salary IMO for your weekly rate.


I thought megzy's thread yesterday was a new low :( - someone please stop this trend of poor threads. I hope i havent embarrased myself with any horrific mistakes to add to the lack of maths in this thread :o
 
Is the issue here that, because there are slightly more than 52 weeks in a year and you're paid by the week, that you think you're not getting paid for the extra day?

Again, forgetting leap years and holidays to keep things really simple, a year consists of 52 weeks and an odd day. Assuming the year starts on a week boundary for simplicity, you'd get paid your 52nd wage packet on December 30th, the end of the 52nd week. Assuming you're earning approximately £149.59 per week (see my previous calcs) then by this point you've earned £149.59 x 52 = £7778.68.

I think that you think (!!) that you're worried you're not getting paid for the last day of the year, leaving you £7800 - £7778.68 = £21.32 short.

If this is the case then ask yourself what happens at the start of the following year. The first week of the following year is actually the remainder of the week you just started on Dec 31st so you'd get paid after only 6 days of the following year had passed, rather than 7. The last day of the first year is actually the start of the first week of the next. If you're going to look at it as if you're not getting paid for the odd day at the end of the first year then you're effectively getting paid £149.50 for 6 days work at the start of the next.

Look at it like this. If you demanded that they pay you the £21.32 for the odd day at the end of the first year then they'd simply deduct this from your wage packet at the end of the first week of the following year, as you'd only worked 6 days of that week, and you'd be no better off.
 
yes if the contract said weekly the contract says i should be paid £650 a month for 12 months, so days in the year shouldnt affect it in anyway and should be calculated base on months not days, i just see it as a cheap way not to pay me for that day, but they like to pay weekly.
 
why is it so hard for you guys to see it how many months in a year 12 ok
my contract say i should be paid £650 per month for 12 months which = £7800, (i hope we can agree on this point) ive been paid 52 times, which should mean 52 payments of £150, but i got £7774 over the 52 weeks.
 
If you signed up to this contract, worked for one full year (1st Jan-31st December), then quit, the following would happen:

£149.50 per week for 52 weeks.
£21.37 for the last day.

=£7,795.37

Near as dammit £7800. Had it been a leap year, you'd have been overpaid. It would all even out over a 4 year period.

There's not really a problem, tbh.
 
csmager said:
If you signed up to this contract, worked for one full year (1st Jan-31st December), then quit, the following would happen:

£149.50 per week for 52 weeks.
£21.37 for the last day.

=£7,795.37

Near as dammit £7800. Had it been a leap year, you'd have been overpaid. It would all even out over a 4 year period.

There's not really a problem, tbh.
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yes, but my contract is based on months not weeks ive worked.
 
but the contract resets its self after 12 months and starts again counting 52 weeks for the next 12 months, so in 4 years iam losing out on £104.
 
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