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Help needed to calculate my maternity pay
smorri4
Posts: 57 Forumite
Hello I need someone with brains to help me out as my pregnancy brain is not helping me in trying to work out my maternity pay.
I earn 27500 (before tax) and plan on taking the full 12 months maternity leave rights (outlined below)
If you qualify for full benefits and intend returning to work for the employing NHS Authority your 52 weeks leave will be broken down as:
However I am struggling to work it out and average out and get a rough idea of what I will take home each month. Can anyone help me?
I earn 27500 (before tax) and plan on taking the full 12 months maternity leave rights (outlined below)
If you qualify for full benefits and intend returning to work for the employing NHS Authority your 52 weeks leave will be broken down as:
- 8 weeks at full pay
- 18 weeks at half pay + basic Statutory Maternity Pay on the understanding that the received payment will be adjusted to not exceed full pay.
- 13 weeks + Basic SMP if due
- 13 weeks unpaid leave
However I am struggling to work it out and average out and get a rough idea of what I will take home each month. Can anyone help me?
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Comments
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If you go on the Direct.gov site I believe there is a section on there for calculating maternity pay, holiday pay etc.
sorry I should have given you the link
its www.direct.gov0 -
Sounds like your first two months of maternity leave will be at your usual monthly pay, the next four and a half months at half your monthly salary plus SMP (currently approx £128 per week),as long as this does not work out to be more than your usual monthly pay, the next three months at SMP only, then the final three months you won't get anything.:j Debt Free 27.07.2011!! :j0
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I think I need to get a job with the NHS if I want another baby!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
Sounds like your first two months of maternity leave will be at your usual monthly pay, the next four and a half months at half your monthly salary plus SMP (currently approx £128 per week),as long as this does not work out to be more than your usual monthly pay, the next three months at SMP only, then the final three months you won't get anything.
As there's only 1 month in the year that has 4 weeks (and none in 2012), the above isn't quite right.
You'll get:
£528.85 per week for 8 weeks
£388.42 per week for 18 weeks (half pay plus SMP)
£124 per week for 13 weeks
and nothing for another 13 weeks
So that's £12,834.36 for the 12 months. Which according to listentotaxman.com is the equivalent (after tax) of £924.13 per month (although that's not how it will be paid).Science adjusts its views based on what's observed.
Faith is the denial of observation, so that belief can be preserved.
:A Tim Minchin :A
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You should ask payroll department to tell you exactly what you'll get, it wil be something they deal with regularly. :-):jProud mummy to a beautiful baby girl born 22/12/11 :j0
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I have nothing to add to mildred's post, very informative.
However I will say you have a very generous employer, as they are only legally entitled to give you 90% of your pay for 6 weeks and then £128 per week for the remaining 33 weeks of your paid maternity leave period. Stick with 'em if you plan on more kids :money:0 -
Also, if you decide not to go back, you'll probably have to repay everything that's over and above statutory. You'll accrue leave too which you could add to the end of your maternity leave (which would be paid).Science adjusts its views based on what's observed.
Faith is the denial of observation, so that belief can be preserved.
:A Tim Minchin :A
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