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Bonus and comp raise %?
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Bonus and comp raise %?
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Robert Half’s salary guide is a good place to start. It’s available online and it’s very extensive.
Thanks for sharing
Why not start with taking the salary offered and divide by 2080 to obtain the hourly rate for comparison.
Because of overtime. 2080 assumes 40 hour weeks. By annualizing YTD you kind of sort of factor in what OP can make annually and compare it to the offered salary to see if they’re doing better or worse. It’s not exact but given we’re in November, it should be close.
Accounting specialist?
Anyway, assuming this is a real question, the great unknown will be how many hours you'll actually be expected to work for the salary provided, and also how many weekends etc. If they say 45 hours a week on average, I'd add another 10% -15% on as a comparator to what you earn now. Also you'll need to take into account any extra benefits you get as a salaried employee that you may not get as an hourly paid. Good luck.
$65-$70k is usually a good ballpark. If it’s significantly below that then they may be underpaying you depending on what you will actually be doing or how much you will be working. Some areas pay less too though. I’ve seen some companies in lower COL offer $45-$50k, but then only need you to work 30-35 hrs.
Yes
Couldn’t you just see how much you made YTD and take 5/6 (Jan - Oct) of the new salary, assuming similar hours expectations over the course of a full year? If it’s lower, then bad. If it’s higher, then good is up to you.