Quote:
Originally Posted by ymw
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People who make real money on a salary are generally smart enough to understand that you can take your yearly salary and divide it by 2080 to get an approximate hourly wage for a 40-hour worker for the basis of comparison or discussion.
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Yeah because it's easy to figure out exactly how many hours you work in a week, sometimes 40, sometimes 70, sometimes 35. Paid time off, variable bonus targets/payouts and definitely can see the future to see how much that stock is (not) going to be worth in 5 years.
Obviously never been on salary. No one hears their salary and then goes converts it back to an hourly rate because it's way too variable. They look at the job description/responsibilities, approximate schedule plus the perks and benefits then decide worth it or not worth it.