I think this is mostly a US thing. Why use yearly salary? You’re not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.

“I’m making 50k”. Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what’s the monthly paycheck? Net? Gross?

  • ArgentCorvid [Iowa]English
    7·
    10 months ago

    For yearly to hourly divide by 2 and lop off 3 zeros. $35/hour = $70,000/year (approximately)

    • Coreidan@lemmy.worldEnglish
      6·
      10 months ago

      I agree. And the reason why that math mostly works out is because there are roughly 2000 working hours a year. So you’re just dividing salary by 2000.