Korean Job Discussion Forums

[Tigerstyleone]

[lifeinkorea]

How do you arrive at "2080 hours"?

Maybe you don't like dividing by weeks or average days per month (which is funny because you pulled 2080 out of somewhere as the average of something, rather hypocritical), but you can't deny there are 12 months in a year. So, 2080/12 is 173.3333333333333

Why work with a number like that? I don't see your thinking in this.

[Tigerstyleone]

Why are you dividing by months?

Not ever month has the same number of days.
February has 28 days, sometimes 29. Other months have 30 and 31 days.
Some months have 5 Saturdays or 5 Sundays with others have more weekdays. Where did you come up with dividing by 12 ??

Jesus, why doesn't anyone do a google search or do some research instead of their own faux accounting.

Basically a job requires 8 hours a work, 5 days a week 52 weeks a year.
That is 2080 hours a year.

Oh yea, I know you don't actually work exactly 8 hours everyday 52 weeks a year. You have vacation, you have holidays blah blah blah, but that's paid time off, which is earned income regardless if you're physically working or not.

Do a search and stop attacking me. I didn't make up this formula.
This is what is taught in any accounting and payroll class and is used all over the world.

[matthews_world]

2.55 per month minus taxes + pension = $28,650 per year, which doesn't include housing, flight, or bonus.

At a public school, my actual teaching hours this year are 80 vs. 88 contractual hours per month. Not taking into consideration vacation time and camps, this came out to almost $30 bucks per hour. Even more due to teaching 40-min. classes.

I'll increase to a top pay grade in September if I choose to renew or if the job becomes available to me and will make 200,000 more per month.

[Abacus]

Using 2080 (or 2000) is extremely lazy method of calculating hourly wage. Especially with teaching positions that may or may not have full time hours. Or for positions with extended vacations. And for teaching it becomes a further mess if you're in a position where take prep/grading work home.

imo calculating your hourly wage is better if you state per teaching or per contract hour. And calculating this out can be important if you're comparing teaching positions at different schools. I would definitely take a job that had 40 fewer teaching hours/wk even if it had slightly lower pay. Or the job that had 8 wks of paid vacation instead of 2 wks. All other things being equal of course.

[ontheway]