How do you compare hourly and annual salary, when annual includes benefits?

Question

As a part-timer, I am paid hourly, with no holidays, no vacation days, no sick days, nothing extra.

Since a salaried job includes those (and they cost the employer), it seems to me that simply multiplying my hourly by 35 (or 40) hours x 52 weeks will over-estimate the equivalent job. Please advise.

Answer 1

It's difficult to compare jobs when one is part-time.  You're usually paid less and as you point out, no perks.  All part-time jobs that I'm aware of are hourly.  You can't just multiple hours with the lower paid part-time job.  It's apples to oranges.  If anything, multiplying your rate will underestimate the annual salary costs of a permanent, full-time position by a great deal.  

Example:  you earn $10 per hour for 35 hours a week.  That's $350 a week, or $400 for a 40 hour week.  A regular employee may be getting in the area of $20 for a similar job plus the perks.  The perks are usually assumed to about double the hourly rate.  Your amount won't approach that.