How much do I earn per hour?

planning303

Savvy_Sue wrote: »

:rotfl: I still bear the scars of trying to explain to a MANAGER who was working 4 long days pw rather than 5 'normal' days pw why their holiday entitlement was less (in days) than those working a 5 day week. It 'wasn't fair'. I tried explaining that each of their holiday days was a 'long' day, and that if we paid them for the same number of holiday days as the 5 days pw people that wouldn't be fair either. I even converted each set of holiday entitlements into hours, but it still 'wasn't fair' that they only had 6.5 days' worth of BH entitlement rather than 8.

It may be better than nothing, but it's a lot less than the NMW, isn't it? And that can be reported anonymously.

I also bear these scars! However mine are slightly worse because i also had to explain that my holiday needed to be converted into hours and increased pro-rata because i'm doing 45 a week rather than my contracted 37.5...

Never has adding 20% became so complicated lol

SueC_2

buel wrote: »

Just to compliate matters further- when we work overtime, we get paid time and a third. However, our payslips show this hourly rate as £12.89.
Please may i ask what the hourly rate works out at if you use £12.89 as our overtime rate of time and a third?

£9.67 per hour normal rate.

getmore4less

buel wrote: »

Please may i ask what the hourly rate works out at if you use £12.89 as our overtime rate of time and a third?

To get back to time from time and 1/3 you do 3/4

Andy_L

You can either include your holiday, lunch etc and divide divide your salary by that number of hours or just divide your salary buy the hours you work. Obviously the 1st will be a lower rate than the 2nd.

Which one is "correct" really depends on what you are doing with the number
1. Calculating NMW - for salaried staff, you do the 1st, for waged staff the 2nd
2. Overtime rates - depends on contract, obviously you'd prefere the 2nd & your boss the 1st
3. Comparing jobs - as long as you're consistent it doesn't matter

scheming_gypsy

buel wrote: »

please may i ask what the hourly rate works out at if you use £12.89 as our overtime rate of time and a third?

£12.89 / 4 * 3 = £9.67

TimBear

I work 37.5 hours a week, with 25 days' holiday and paid bank holidays. I work 1950 hours a year, so to get my hourly rate I woud divide my salary by 1950. Do you know how many hours a year you work?

JimmyTheWig

When was your pay last increased?
What year are you talking about?

I'm wondering if your colleague is looking at 2011's payslips which includes, say, January, February and March and the (pre-payrise) lower rate and then April onwards at the current rate. Adding them up will not get your current annual salary, but will be how much you've earned in a year.

getmore4less

To do hourly from salary you include paid holidays.

There is only one hourly rate for a given salary.

sassyblue

Savvy_Sue wrote: »

:rotfl: I still bear the scars of trying to explain to a MANAGER who was working 4 long days pw rather than 5 'normal' days pw why their holiday entitlement was less (in days) than those working a 5 day week. It 'wasn't fair'. I tried explaining that each of their holiday days was a 'long' day, and that if we paid them for the same number of holiday days as the 5 days pw people that wouldn't be fair either. I even converted each set of holiday entitlements into hours, but it still 'wasn't fair' that they only had 6.5 days' worth of BH entitlement rather than 8.

I worked in a factory once as a cleaner where they'd never employed someone part-time before. I got such alot of hassle from other employees because l was entitled to holidays! They genuinely thought someone part-time was less of an employee than they were. :rotfl:

buel

Thanks again everybody

Oh and my friend wasn't confused with the years- we haven't had a rise in 3 years.