When you select a value from the salary drop-down menu, that figure is automatically converted to the equivalent annual salary even when a pay period other than
Annually is selected.
The conversion is calculated as follows:
- Hourly - hourly rate is multiplied by 2080 (approximate number of work hours in a year)
- Weekly - weekly rate is multiplied by 52 (number of weeks in a year)
- Bi-Weekly - bi-weekly rate is multiplied by 26 (half the number of weeks in a year)
- Monthly - monthly rate is multiplied by 12 (number of months in a year)
Using this conversion, the search is able to return results matching your salary requirements regardless of whether you select Annually, Hourly, Weekly, Bi-weekly or
Monthly as the pay period. The search will include all jobs posted with a salary equal to or higher than the amount selected.
Example: A user searches for salaries: $15 hourly. This will be converted by multiplying $15 by the conversion factor of 2080 (in this case, approximate number of work
hours in a year)
Note: Salary searches are performed against jobs where employers publicly posted an annual, monthly, bi-weekly, weekly or hourly salaries.