We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Bitter/sweet job offer :(
Comments
-
Paulineb, I'm not sure that you're correct. I'm not an expert but what you are saying does not match my experience. It also doesn't seem to agree with the official advice.
Quotes from NI Direct:
For each week of leave accrued, workers are entitled to one week's pay. A week's pay is calculated according to the type of work carried out:- For workers on fixed hours and pay, it equals the amount due for a week's work
- For workers on fixed hours and variable pay (bonus, commission or piece workers), it equals the average hourly rate (over the preceding 12 weeks) multiplied by the normal working hours in a week
- For shift workers, it equals the average weekly hours of work in the preceding 12 weeks at the average hourly rate
- For workers with no normal working hours, a week's pay is the average pay received over the preceding 12 weeks
Overtime isn't usually taken into account when working out holiday pay or paid maternity, paternity or adoption leave. However, it is taken into account when the overtime is guaranteed and you have to work the overtime as part of your contract of employment.
http://www.nidirect.gov.uk/overtime0 -
Work out the actual difference in wage between what the full-time hours would be and the part-time hours. So work out the hourly rate for each then minus the tax amount for each and also the amount of travel costs.
You pay less in tax on part-time hours as a larger portion of the salary will be free pay. Also, if you pay for petrol or parking then travelling less equals less costs.0 -
NHS does seem to be different, I build up annual leave on my extra hours, which I can take when I like and maternity works on earnings between certain dates - hence why most pregnant NHS staff work extra and do unsocial hours for that period of their pregnancy0
-
cte - I haven't made up my mind. I'm swinging to and fro constantly. I absolutely appreciate everyone's advice and none of it has gone unnoticed!!
Sassy - they only had 1 position but their actual words were 'we liked you very much and we have discussed the position at length. We have filled the position but we can fund for another 26 hours per week. We would like to increase this to full time as soon as possible but in the mean time there is always overtime that you can pick up'
I am very passionate about my job, it's a job you can only do well if you love and enjoy it. Nursing is a vocation, you do it for love not money (total contradiction lol but you get what I maen
)
This the only thing that worries me, will they have that funding next year? Apart from that worry I'd say go for it....
Paulineb, l have to say I've never known overtime hours to accrue holidays and l have employed people for over 20 years. In a PART TIME job any extra hours worked could accrue extra holidays but once you're upto 40 hours per week that's it. However, you could have had an extremely generous employer as it's their discretion to go over the guidelines, they just can't go under.
Happy moneysaving all.0 -
Where did I get that idea from? Working time regulations. I worked part time in a job a couple of years ago and I accrued holiday pay for every hour I worked, not just my contracted hours. When I was leaving the job I still had holidays to take and my holiday pay entitlement was calculated on every hour I had worked, overtime, not just the contracted hours I did.
The OP isnt on a zero hour contract, shes been offered a 26 hour a week contract.
And if you read my last post, I said holiday entitlement, not holiday pay. Yes she will be paid her contracted wage if she takes a week off work, but if she works extra hours she'll accrue extra holidays, the fact that its overtime and not contracted hours makes no difference.
I've worked in offices and retail and have NEVER accrued holiday entitlement or pay on overtime hours. I don't know anyone who works anywhere that does do that.
My nephew works for the NHS and does masses of overtime and he certainly does not accrue holiday entitlement on those hours.The world is over 4 billion years old and yet you somehow managed to exist at the same time as David Bowie0 -
Pauline I don't disagree with you on most of your posts but with regards to the holiday/overtime I'm afraid I have to. I have worked for the NHS for 13 years and have never accrued more holiday for working overtime. They have a specific formula for working it out (years of service/contract hours+BH entitlement) and this is stuck to rigidly.
Given how many years service I have, plus that I'm full time, plus 8 (?) BH's per year my entitlement is 303 hours (they do hours rather than weeks). Could you imagine how many more hours I could have with overtime done??!! I would never be at work!!0 -
I suppose it depends if you are willing to wait another X amount of years for this job to come up again full time!
You have said its your dream job, that you have been waiting for 3 years for this position in this department to become available – they have said that they want you and so have created another position just for you but are only able to offer part-time (I’d imagine this will be to ensure there is enough work to justify creating it) but you will be able to pick up overtime
From the sound of it, this is a once in a life-time opportunity – grab it with both hands!0 -
If the job is fixed hours that would make a second job a possibility or if you can use the extra non contracted working hours to make up the money in some way (or use it to save in other ways like batch cooking etc) and the budget is tight but workable especially as you actively want to relocate-I think you'd regret not giving it a go. What is the saying "It's the things we didn't do we regret not the things we did do".
As for tax credits I *think* they can reassess for the same year if there is a big drop in income but you have to ask for it....May be worth checking that out.
Yes it is a bit "jam tomorrow" but it's a foot in a door you've waited a long time to open -it may not be flung wide just yet - but you can either close it or walk through and push it a bit harder once in. Ultimately -is it worth it to you to take a bit of a risk -or is security and better money now more important. Neither are right or wrong in general-just what is right for you and your partner.
OK I'll admit..I'm biased-I'd do !
I Would Rather Climb A Mountain Than Crawl Into A Hole
MSE Florida wedding .....no problem0 -
If you can afford to take the job as stated ie 26 hours then I would say go for it. If you would depend on overtime that may or may not be available then you have to look very carefully at the steps you would have to take to be able to manage. You spend a lot of your life at work. I would choose job satisfaction over being debt free (within manageable limits) in a heartbeat.0
-
Holiday entitlement is based on contracted hours, not overtime hours.
You had a very generous employer when they calculated your holiday entitlement that way paulineb!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards