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Pro rata pay please can someone help me out
brayners
Posts: 6 Forumite
Hi. I am contracted as an LSA to start in January till the 31st of august and I am desperate to figure out how much I am actually earning. The contract says
17017 per annum (isn6) pro rata for 30 hours a week therefore your actual salary will be 11409 per annum. Your starting salary has been calculated on the basis of 43/52 of your isn point (pro rata for 30 hours / 37ths per week) This is made up of 38/52nds of the pro rata annual salary plus five weeks paid annual leave and public holiday entitlement.
17017 per annum (isn6) pro rata for 30 hours a week therefore your actual salary will be 11409 per annum. Your starting salary has been calculated on the basis of 43/52 of your isn point (pro rata for 30 hours / 37ths per week) This is made up of 38/52nds of the pro rata annual salary plus five weeks paid annual leave and public holiday entitlement.
How the hell i am meant to understand that I don’t know so any input from anyone would be appreciate. Thank you.
0
Comments
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£17,017 x 43/52 = £14,071.75
£14,071.75 x 30/37 = £11,409.52
£11,409.52 x 8/12 = £7,606.
First two are based on the info you have provided and the third assumes you will be paid the £11,409.52 for 8 months of the year.
In reality you will probably only be paid from 4 January but as you don't give a start date I have used the full month.
But only your employer can say for certain.0
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