The mid-point of salary scales was used, adding employers' on-costs at 13%.
When you are worth $28bn, what exactly is the point of a salary, of course.
It's a free country, and private employers can do what they wish in this respect, though plenty of companies (and many public employers) make a point of sharing salary data so there is no question about who is making the most (and, hopefully, why).
Market rates should only be a starting point for salary negotiations and should not determine the trajectory of your career.
As an additional point of reference, salaries for low-skilled jobs in Chinese factories range from about 80 cents an hour to $2.50 an hour.
The fifth-placed Eels face the loss of their 12 points for salary cap breaches outlined by the NRL last week and risk losing any future points they earn if they do not get under the cap in the meantime.
The hourly rate of employing a pharmacist at the mid-point of the salary scale was calculated based on an annual salary of €49,425 (Point 6 of 2010 salary scale) [ 26].
It followed the decision in the aftermath of the economic crash to impose a 10percentnt pay cut on new entrants to the public service, including teachers, after January 2011, which would apply across all points of the salary scale.
But the decision to protect people earning up to £18,000 from the average increase of 3.2 percentage points of their salary – made after warnings that the pension reforms could price some people out of saving for their futures altogether – will mean the higher paid will pay up to 5 percentage points more.
Base case scenario was calculated using the hourly cost of employing a basic level pharmacist at the mid-point of the salary scale and an average intervention time of 22.5 minutes.
What is the point of being on salary and working countless unpaid hours if not to have a little flexibility to balance things out?
