Payslip query

Xbigman

You should also realise that if you get a payrise in the middle of the financial year, your total salary will always be a bit lower than your earnings 'rate' of pay.

For mortgage purposes just take along three wageslips and they will look at you monthly or 4 weekly basic pay and work it out from there.

Also, my own P60 did not have a total salary on it either. I had to work it out by juggling the other figures around to arrive at the total.
Regards


X

Milky_Mocha

Mr_helpful wrote: »

This is where we are with compensation culture. You are accusing your pay dept of getting it wrong and you dont even know how often you are paid.

LOL! What are you 'talking' about? I presume your comments are all tongue-in-cheek.

My pay department has got it wrong on a different topic in the past so I like to gather information from different sources.

Thanks to all replies, including yours, Mr. HELPFUL!.

Mr_helpful

Milky_Mocha wrote: »

LOL! What are you 'talking' about? I presume your comments are all tongue-in-cheek.

My pay department has got it wrong on a different topic in the past so I like to gather information from different sources.

Thanks to all replies, including yours, Mr. HELPFUL!.

Of course it was tongue in cheek!

stokegal

Hi Milky_Mocha

Have you had a pay rise part way through the year? If so then you will only recieve part year of your new salary and part year of your old salary.

Have you had many absences or unpaid leave (ie unpaid holdays, sickness, unpaid bereavement)? Although you would have had to take more than 40 days off to have your salary reduced by 16%

Most mortgage companies only require your last 3 payslips, if these don't truely reflect your current wage, ie pay rise has only just gone through or your bonus hasn't been paid, ask them if they will accept a letter for your company stating what your current wage is - most companies accept this as it's a standard letter stating your salary, length of service and average bonus/commission over a period of time.

This is what we use to do when I worked in payroll - we offered a 7 day turn around but the statement of earnings HAD to be requested by the mortgage company directly.

Hope this helps - if not give your payroll department a call