Need some help - figuring money out.

bbro • Nov 17, 2010 10:11 am
I need some help. I am starting a new job on Monday (YAY), but I am trying to figure out the bills right now that all end up due at the end of the month. The problem is that now I get paid on Tues. And at the new job, I will get paid on the 15th and the end of the month.

I cannot for the life of me figure out what my first paycheck from them will be on Nov 30th. I have looked but all I can find are calculators that input your yearly salary and tell you what you get each pay period. Since this won't be a full pay period, they aren't helping.

I need to figure out what the final amount I will be getting for 56 hours (this includes the 2 paid holidays). Can anyone help me??
footfootfoot • Nov 17, 2010 10:16 am
Are you getting paid hourly or a set salary per year? e.g. $15/hr or 45K per year?
bbro • Nov 17, 2010 10:24 am
I am getting a set salary.
xoxoxoBruce • Nov 17, 2010 10:56 am
Divide the yearly salary by 2000, that should give you the approximate hourly rate, before taxes and shit.
Cloud • Nov 17, 2010 10:58 am
can you ask your payroll person for an estimate? Just say you are trying to figure out your budget
bbro • Nov 17, 2010 11:10 am
xoxoxoBruce wrote:
Divide the yearly salary by 2000, that should give you the approximate hourly rate, before taxes and shit.


Bruce - I already got that, but I was looking for after taxes. I am really cutting it close this month and need it to be closer to what I actually clear. Wait - why 2000?


Cloud wrote:
can you ask your payroll person for an estimate? Just say you are trying to figure out your budget


Cloud - I don't know who the payroll person is!!
classicman • Nov 17, 2010 11:27 am
52 weeks x 40 hrs a week = 2080 hrs a year.
tw • Nov 17, 2010 1:41 pm
bbro;694701 wrote:
Bruce - I already got that, but I was looking for after taxes.

Annual salary divided by 2700. That provides a ballpark number of dollars per hour. Multiply that (two digit) dollar number by hours (56) to estimate a paycheck.
classicman • Nov 17, 2010 3:18 pm
tw;694712 wrote:
Annual salary divided by 2700. That provides a ballpark number of dollars per hour. Multiply that (two digit) dollar number by hours (56) to estimate a paycheck.


Tried that and it wasn't even close to correct.
Clodfobble • Nov 17, 2010 3:34 pm
tw wrote:
Annual salary divided by 2700. That provides a ballpark number of dollars per hour. Multiply that (two digit) dollar number by hours (56) to estimate a paycheck.


You work exactly 56 hours a week? Is that 8 hours a day 7 days a week, or 11.2 hours a day Monday through Friday?
Clodfobble • Nov 17, 2010 3:36 pm
bbro wrote:
Bruce - I already got that, but I was looking for after taxes.


No one here will be able to tell you what it will be after taxes, because that will depend entirely on what you put on your W-9 form, number of dependents and all that, plus what your employer may or may not charge for their health insurance plan, etc. If you need that level of precision, just call the HR department of the new employer.
Gravdigr • Nov 17, 2010 5:09 pm
Whatever it comes to, it won't be enough.
Happy Monkey • Nov 17, 2010 5:19 pm
Clodfobble;694732 wrote:
You work exactly 56 hours a week? Is that 8 hours a day 7 days a week, or 11.2 hours a day Monday through Friday?
It was bbro's number, over the course of a partial two weeks.
monster • Nov 17, 2010 5:53 pm
1. find out who the payroll person is
2. ask them.
monster • Nov 17, 2010 5:54 pm
3. prepare a back-up plan in case there's a hitch with the new payroll
footfootfoot • Nov 17, 2010 6:45 pm
Clodfobble;694732 wrote:
You work exactly 56 hours a week? Is that 8 hours a day 7 days a week, or 11.2 hours a day Monday through Friday?

I think he's working two 28 hour days.
monster • Nov 17, 2010 7:21 pm
she.

bbro is a she.

[COLOR="MediumTurquoise"](....so she's getting paid less to work two 28 hour days........)[/COLOR]
bbro • Nov 18, 2010 9:28 am
Thanks for all the suggestions.

The 56 hours are for next Monday through the end of the month. So 7 8 hour days (although I will probably be working longer hours than that).
footfootfoot • Nov 18, 2010 3:07 pm
monster;694796 wrote:
she.

bbro is a she.

[COLOR=MediumTurquoise](....so she's getting paid less to work two 28 hour days........)[/COLOR]

I guess I figured bro was short for bro', as in ne font pas le tase je, frère :D
Clodfobble • Nov 18, 2010 7:29 pm
I knew bbro was a she, all my pronouns were talking about tw (because I had mistakenly assumed he was talking about himself.)
monster • Nov 18, 2010 8:38 pm
footfootfoot;694988 wrote:
ne font pas le tase je, frère :D


:lol:

bbro is a gorgeous blonde iirc -how did you come up with that name, bbro? abbreviation of your real name?

yeah, cf, i was spanking f3 there, not you.
Cloud • Nov 18, 2010 8:59 pm
Can you squeeze your budget for half your gross this time, until you can know for sure? That should give you some cushion.
monster • Nov 18, 2010 9:25 pm
Half a gross is 72 and she's only got 56, though...
footfootfoot • Nov 18, 2010 10:41 pm
monster;695024 wrote:
:lol:

bbro is a gorgeous blonde iirc


Perhaps that explains the genesis of this thread...

:bolt:
monster • Nov 18, 2010 10:48 pm
ooh, you need to run faster than that.....
footfootfoot • Nov 18, 2010 11:05 pm
I hope bbro isn't my secret santa. I hadn't thought of that...
monster • Nov 18, 2010 11:22 pm
ugh I confused princess with blonde.... still gorgeous, though. ....but you'll have to extrapolate to sober.....

http://www.cellar.org/showpost.php?p=428061&postcount=296
footfootfoot • Nov 18, 2010 11:48 pm
Then the genesis of the thread might be even more clear. In the morning.
bbro • Nov 19, 2010 9:21 am
Mon - yes, that was far from sober :D It was my birthday picture. The name stems from first initial last name. It was also the nickname an old coworker called me because that was all he had to type in before my name came up for email.

Foot - not to worry, I am not your secret santa :) Just ignore the shadows outside, it's only the trees.
xoxoxoBruce • Nov 19, 2010 2:51 pm
Well if you're not outside his house, mine's available. :blush:
monster • Nov 19, 2010 9:23 pm
did you find out who the appropriate HR person was. bbro?
footfootfoot • Nov 19, 2010 9:33 pm
An inappropriate HR person wouldn't have the job long, I imagine.
tw • Nov 20, 2010 1:02 am
footfootfoot;695216 wrote:
An inappropriate HR person wouldn't have the job long, I imagine.
But she sure could be fun for at least one night.
bbro • Nov 24, 2010 10:06 am
Sorry I have been MIA - I started the new job and am cutting down on my surfing. Mainly because I have a lot of stuff to do, but also because I LOVE this place and don't want to mess it up.

I found the appropriate person and figured it all out. I should be just fine.

And Bruce.....how do you know I'm not outside your house :eek:
monster • Nov 24, 2010 3:47 pm
Glad to hear it's going well
xoxoxoBruce • Nov 25, 2010 2:06 am
bbro;695937 wrote:
...because I have a lot of stuff to do, but also because I LOVE this place and don't want to mess it up.

And Bruce.....how do you know I'm not outside your house :eek:

You stated why above. :p: