Hacker News new | ask | show | jobs
by daladd 3200 days ago
I'm curious why you would divide by .75 there (?)
3 comments

9 months a year of employment, which is a gross oversimplification of how many weeks/yr a teacher is working.
It was a proxy for the fact most teachers have summers off, so are only working 3/4ths the year...
Public sector salary pre-tax income is usually only 66-75 percent of total comp after adjusting for health insurance and pensions.