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Final Pay Calculation
Penguin_
Posts: 1,594 Forumite
Hi all
I am leaving my current role with my employers on the 31st August & would like to see if anyone can calculate, roughly, what my final pay will be?
I earn £32,000 pa (full time, 37 hours a week) & I will be paid 8.5 days unused holiday as I agreed not to take time off during my notice period to help them out. My tax code is C1200L & I pay 3% into my pension. Our pay period runs from the 15th month to the following 14th.
I got confused when trying to work out what rate to use.
TIA
0
Comments
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There are different ways of working it out: where I work, we'd divide the pay for 15th - 14th by 31 for August - September (only 30 in Sep - Oct) to get a daily rate, and then multiply it by the number of calendar days you are working plus 8.5 days for your holiday.
At a rough guess it will be 3/4 of your usual pay.Signature removed for peace of mind1
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