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# What is minimum wage £6.50 an hour as a yearly salary? watch

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1. Just wondering what the minimum wage £6.50 is as a yearly salary?

Is it £12,480? Just want to make sure I've calculated this correctly lol
2. Depends on how many contracted hours you are expected to do.

A 35 hour week would only be £11,830.

Hours per week x 52 (or even possibly 52.2) x £6.50

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3. How many contracted hours?

6.50 x (contracted hours) = Z
Z times by 52 = (answer) per year.

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4. (Original post by mrocd2014)
Just wondering what the minimum wage £6.50 is as a yearly salary?

Is it £12,480? Just want to make sure I've calculated this correctly lol
Depends on hours, for your standard full time job somewhere between 10 and 13 grand, I came out with 11 like the poster above as I worked it out for 35 hours.

Why do you ask, out of interest? Are you thinking of taking on a job at this rate?
5. (Original post by Butterfly92xo)
How many contracted hours?

6.50 x (contracted hours) = Z
Z times by 52 = (answer) per year.

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I agree
6. It doesn't work that way when translating an hourly wage to annual salary. When you get a job offer with a salary, it'll be with your obligated hours. E.g.

'£30'000 per annum 40 hour a week contract'

Whereas an hourly wage means they can say

'You're working 40 hours this week'

'You're working 20 hours this week'

etc.

But with a standard 'full time' job at £6.50 per hour, £13'500 is your annual wage.

52 Weeks a year, 40 hours a week.
7. (Original post by Tillybop)
It doesn't work that way when translating an hourly wage to annual salary. When you get a job offer with a salary, it'll be with your obligated hours. E.g.

'£30'000 per annum 40 hour a week contract'

Whereas an hourly wage means they can say

'You're working 40 hours this week'

'You're working 20 hours this week'

etc.

But with a standard 'full time' job at £6.50 per hour, £13'500 is your annual wage.

52 Weeks a year, 40 hours a week.
In many cases it does work that way. Lots of hourly paid jobs have a set weekly number of hours stipulated in the contract. The info we're missing from the OP here is how many hours his contract would be for.
8. (Original post by M1011)
In many cases it does work that way. Lots of hourly paid jobs have a set weekly number of hours stipulated in the contract. The info we're missing from the OP here is how many hours his contract would be for.
Lots of minimum wage jobs will often include opportunities for overtime (e.g stock clearance sales, end of tax year, Christmas), some of which may be paid at a higher rate than normal. Then you've got some companies which will offer end of year bonuses or performance related bonuses, and some where the hourly rate might be a tiny bit higher. E.g £6.70 is still a minimum wage job, but that 20p increase would amount to more than £400 over the course of a year.

This is such an ambiguous question tbh, it could be anything from £11k-14k. For example, someone who works on the minimum wage for John Lewis would probably have a much higher annual salary than someone working on the same wage at Sports Direct.
9. (Original post by abc:))
Depends on hours, for your standard full time job somewhere between 10 and 13 grand, I came out with 11 like the poster above as I worked it out for 35 hours.

Why do you ask, out of interest? Are you thinking of taking on a job at this rate?
I was just wondering what the difference between a minimum wage job and a salaried job would be
10. (Original post by sr90)
Lots of minimum wage jobs will often include opportunities for overtime (e.g stock clearance sales, end of tax year, Christmas), some of which may be paid at a higher rate than normal. Then you've got some companies which will offer end of year bonuses or performance related bonuses, and some where the hourly rate might be a tiny bit higher. E.g £6.70 is still a minimum wage job, but that 20p increase would amount to more than £400 over the course of a year.

This is such an ambiguous question tbh, it could be anything from £11k-14k. For example, someone who works on the minimum wage for John Lewis would probably have a much higher annual salary than someone working on the same wage at Sports Direct.
I can't say I follow - he says the wage rate in the title!

Salaried jobs can in some cases also offer overtime by the way. They just work out a pro-rata rate for your salary. That wouldn't happened for an extra hour here or there, but some companies would do that for weekends etc. In a similar way to how most companies will allow you to buy or sell holiday days.
11. According to ListenToTaxman your yearly net (post tax) salary @ 37.5 hours per week would be £11,573.72, or £964.48 per month in your pocket.

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Updated: January 24, 2015
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