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problems calculating pay on new job-help!!!
elmoo2u
Posts: 55 Forumite
I have recently started a new job and worked 3 days in May. I have received a payslip for this but I am struggling to tally the figures with what I worked out, can someone help me??
I work part time 15 hours per week over 3 days. My pro rata salary is £6343.82. For the 3 days worked gross pay is £85.27 (on my payslip). I thought it would be more.
I called payroll and they said it is worked out over 365 days per year so as I started last week in May it is worked out as 5/31ths. Was told my payslip at end of June will be a full months pay so will make sense. None of this really made sense to me but as I have just started this job I just said that was fine and I understood.
I just want to understand the pay I have received. I had worked it out on hours so thought a weeks pay (3 days) would be slightly more.
I know I must be really stupid not being able to work this out but could someone help set my mind at rest?
I work part time 15 hours per week over 3 days. My pro rata salary is £6343.82. For the 3 days worked gross pay is £85.27 (on my payslip). I thought it would be more.
I called payroll and they said it is worked out over 365 days per year so as I started last week in May it is worked out as 5/31ths. Was told my payslip at end of June will be a full months pay so will make sense. None of this really made sense to me but as I have just started this job I just said that was fine and I understood.
I just want to understand the pay I have received. I had worked it out on hours so thought a weeks pay (3 days) would be slightly more.
I know I must be really stupid not being able to work this out but could someone help set my mind at rest?
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Comments
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I can see how they have calculated this but not sure if it's any help....
£6343.82/12 = £528.65 (monthly amount)
£528.65/31 x 5 = £85.270 -
thanks tiger print, at least I now know what that calculation is.
Still not entirely sure if my new employer is calculating it correctly but at least I can calculate my next payslip at end of June. Just don't know how my pay can be paid using days when I work part time?0 -
Tigerprint wrote: »I can see how they have calculated this but not sure if it's any help....
£6343.82/12 = £528.65 (monthly amount)
£528.65/31 x 5 = £85.27
Did you work 29, 30 and 31 May? If you didn't then that is not fair is it because they have counted every day of the month in working out a daily rate. If you had worked, say, 28, 29 and 30, they should have paid for 4 days.
When you say "my pro rata salary", I assume you mean "my salary" and that it is pro rata of a full-time salary, however many hours that may be.0 -
Just check out your salary structure (or format) which is mentioned in your offer letter. Check it out carefully - How your salary is divided and calculate accordingly to that.0
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Little voice, I worked 27, 30 and 31 May.
The full time salary rate for my post is £15648.08, that is what is on my contract. My payslip has a box saying annual salary or hourly rate, in the box it had £6343.82.
As far as I can remember my contract doesn't say how my salary is divided and paid. I'll double check but think it only says what full time rate is and hours I work.0 -
Little voice, I worked 27, 30 and 31 May.
The full time salary rate for my post is £15648.08, that is what is on my contract. My payslip has a box saying annual salary or hourly rate, in the box it had £6343.82.
As far as I can remember my contract doesn't say how my salary is divided and paid. I'll double check but think it only says what full time rate is and hours I work.
So they reckon a full-time person works 37 hours a week. And I note you worked on the final May bank holiday.
I must apologise though - I hadn't properly looked at the figures which tigerprint kindly provided. Your employers have indeed paid you for the entire period (5 days which make up the period from your start date to the end of the month. So that's OK in itself.
Something to watch is how they calculate holidays when someone starts during a month. They have to include that part month in the calculation and not say that only full months count for accruing statutory holiday.0 -
This seems a fairly common way to calculate pay in the month you start and leave - it is easy for HR.
However, this does work out about £7 less than minimum wage so if you wanted to you could ask them to explain this!But a banker, engaged at enormous expense,Had the whole of their cash in his care.
Lewis Carroll0 -
theoretica wrote: »This seems a fairly common way to calculate pay in the month you start and leave - it is easy for HR.
However, this does work out about £7 less than minimum wage so if you wanted to you could ask them to explain this!
Depends on whether the OP is 21 or older.0 -
Yip I'm definitely over 21.
I have checked my contract and it makes me a bit more puzzled. It says "if you work part-time you will receive a proportion of this salary in accordance with the number of hours worked."
It also states "any employee who earns less than £7.20 per hour, which is living wage allowance, will receive an additional payment to bring their earnings up to that rate."
So now I am confused because reading that I think it should be worked out on hours not days and if its not then I am getting less than thus living wage allowance.
Any ideas if my thinking is right or not?0 -
Forgot to say the bank holiday meant nothing here as I'm in Scotland.
Also from my calculations if my pay is worked out using full time and past time hours then my hourly rate is £8.13 but using method my employer has done my Hourly rate is £5.68, am I right?0
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