Minimum wage over a year

Person_one

I'm being lazy, but I'm not very good maths, could someone who is double check for me please!

What would be the yearly salary of someone on minimum wage working 37.5 hours a week with 27 days annual leave?

Thanks, I won't post what I got in case its embarrassingly wrong if you don't mind!

Andy_L

Salary or wage? It makes a difference as if you are salaried you have to be paid minimum wage for leave & lunch breaks

liney

37.5 x 5.80ph x 52 weeks = £11310

Holiday pay is holiday pay, and calculated at the same rate as normal pay unless shift allowance come into play, so no adjustment is required.

Incidently for a 5 day week, statutory minimum holiday entitlment is 28 days including bank holidays; ie 5.6 weeks. 27 days would not be right unless you get the bank holidays on top, which seems generous for a minimum wage type job.

Kate78

Andy_L wrote: »

Salary or wage? It makes a difference as if you are salaried you have to be paid minimum wage for leave & lunch breaks

Eh?

I am salaried, my contract states 25 days leave + bank hols, 37 hour working week. Lunch isn't included in that (nor does it have to be!)

Not many places will pay you for your lunch break

Andy_L

Kate78 wrote: »

Eh?

I am salaried, my contract states 25 days leave + bank hols, 37 hour working week. Lunch isn't included in that (nor does it have to be!)

Not many places will pay you for your lunch break

Depends how they word the contract. Since you're on 37.5 hours excluding breaks they don't have to, if it said 42.5 hours including a lunch hour they'd have to include it.
In the pre NMW days it made no difference. Unsurprising, now that it does firms have moved away from using the latter phrasing & it tends to only appear in legacy contracts. Indeed its unusual to find a salaryed NMW job as its cheaper to make them waged & avoid having to pay NMW for holiday

Are you trying to find out how much you would get paid taking a job or if you are being paid the NMW?

Person_one

liney wrote: »

37.5 x 5.80ph x 52 weeks = £11310

Holiday pay is holiday pay, and calculated at the same rate as normal pay unless shift allowance come into play, so no adjustment is required.

Incidently for a 5 day week, statutory minimum holiday entitlment is 28 days including bank holidays; ie 5.6 weeks. 27 days would not be right unless you get the bank holidays on top, which seems generous for a minimum wage type job.

Thanks, looks like my new job isn't much above minimum wage then, starts at 11,433 PA

Holidays are 27 + bank holidays on top, which is a nice bonus, although I won't be able to afford to go anywhere!

Evilm

Person_one wrote: »

Thanks, looks like my new job isn't much above minimum wage then, starts at 11,433 PA

Holidays are 27 + bank holidays on top, which is a nice bonus, although I won't be able to afford to go anywhere!

At least its a job, perhaps you can ask for a raise when your probationary period is up?

Person_one

Evilm wrote: »

At least its a job, perhaps you can ask for a raise when your probationary period is up?

Oh I'm very pleased with it, its a bottom rung, but its a ladder I want to climb. Before I was halfway up one I didn't! I have no dependents or commitments right now so its the best time to start again.

The salary goes up a bit on completion of training, but there's no indication of how long training lasts!

Thanks everyone for doing my adding up for me!

LittleVoice

Andy_L wrote: »

. Indeed its unusual to find a salaryed NMW job as its cheaper to make them waged & avoid having to pay NMW for holiday

What on earth are you writing about? Being waged or salaried makes no difference to whether you are paid for holidays!

If you are paid NMW you are paid that when you work and for your contractual/statutory holidays.

patman99

Don't forget to claim for Working Tax Credit. For a single adult on NMW this should be around £36 p/w tax free.

kingfisherblue

patman99 wrote: »

Don't forget to claim for Working Tax Credit. For a single adult on NMW this should be around £36 p/w tax free.

But only if you are over 25 - single people can't claim WTC before this.