Salary.sg Forums - View Single Post - calculate salary must calculate the hidden cost also
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Old 30-07-2012, 11:04 AM
poor and stupid poor and stupid is offline
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Quote:
Originally Posted by icy water View Post
the problem is that most forumers here are arguing that you cant just compare salary based on per hour. but the point ts is making (i believe) is that all other factors being equal, one is making comparable $/hr as another.
I would see this equation of total renumeration/hrs worked as the amount of benefit (in $) you get for every amount of work (in hours) you put in.
Thats all.
8 hrs/day, $4k/month is comparable to 16 hrs/day, $8k/mth if you compare by per hour.
If you only compare the monthly salary and ignore any working hours, of course the difference is there.
Actually as you said the difference is there... the one working 16hrs/day, 8k/mth actually earns less after paying income tax

well... DON'T trust me I am an "engineer", i earn so low i dun pay income tax



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