View Single Post
  #3  
Old 03-01-2011, 06:51 PM
Riot's Avatar
Riot Riot is offline
Keeneland
 
Join Date: Mar 2007
Posts: 14,153
Default

Quote:
If they worked a full year of 2040 hours this would amount to a total pay package of $155,366 at $76.16/hr.
But they don't work a full year. They work 188 days. But their salary has to cover them for a full year like anyone else. If they worked a full year, their package would probably remain exactly what it is now.

The math here is obviously faulty. The correct thing to do, to compare what teachers earn a year to what everyone else earns for a year, is to take what they earn and spread that over 12 months. Not 188 days. Because professionals are paid a yearly salary and benefits package, not an hourly wage.

You also cannot include pension money in the yearly calcuation, because that is deferred pay.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts

Last edited by Riot : 03-01-2011 at 07:04 PM.
Reply With Quote