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"Equivalent of X per annum"

  • 26-05-2006 1:35am
    #1
    rsynnott
    Registered Users, Registered Users 2 Posts: 4,003 ✭✭✭


    Does anyone know what does "Equivalent of X per annum" mean from the point of view of a summer internship, exactly? That is, does annum refer to a 12 month year, or to a real work year (holidays removed).


Comments

  • #2
    Smoggy
    Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Smoggy


    I would speculate that its a real work year, as say your working 3 months , you will be entitled to 1/4 of the annual holidays, unless you are contract and then it will be exclduing holidays


  • #3
    Newaglish
    Registered Users, Registered Users 2 Posts: 2,734 ✭✭✭Newaglish


    If you're working standard 9-5, Mon to Fri, 4 weeks a month, for 3 months, and it says the pay is equivalent of €24000 a year, then you're getting €2000 a month.

    I think. So you'd be earning 6,000 over the three months or approximately €500 a week. You're paid monthly or what?


  • #4
    Sam Vimes
    Registered Users, Registered Users 2 Posts: 21,611 ✭✭✭✭Sam Vimes


    it means a 12 month year. i'm on 17,200 per annum in my work experience and i get exactly 330.76 a week (17,200/52)


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