I have received a job offer for a full-time contract position at a college in the US. The offer says that my salary will be $70,000/year for nine months’ employment payable over a period of twelve months. I received my offer not long ago, and although I will most likely accept the job, I didn't want to ask immediately about salary issues because I didn't want my first interaction after receiving the offer to be about money.
Since I am not familiar with university payment/hiring practices, which one of the following options is the correct one:
a) I will be employed for 9 months, then my salary will be ($70,000*9 months)/(12 months*1/year) = $52,500/year And since it is paid over 12-months, then my monthly salary before taxes will be $4,375/month.
b) Or is it simply $70,000/year paid over 12 months, that is, $5,833/month before taxes.
The wording of this is confusing and even my (non-US based) accountant is confused about what the salary will be.
Update: 7 days after posting this question, I have confirmed that the salary is $70k/year.