Payday

4 Posts

Hi, so a brief overview of my concern. I always get paid on the last wednesday of the month. I put my timesheet in on the wednesday before. Usually it's ok i get 20 working days plus any overtime i did. I'll add that i am paid hourly and not salary like most people in the company i am on the tools while they're in the office. This month my timesheet started on the 17th of february and ended on the 23rd march which added up to 25 working days. Basically a 5 week pay month yet i still got paid for the 20 days like normal. Is there something i am missing here? I spoke to one of the people that deals with it and he tried to explain to me that i get paid the same amount every month which i don't see how this works if i worked 5 days more this month like stated on my timesheet. I am really confused at this point and want to get some advice before i proceed to chase it further. If you have any more questions please feel free to ask, i might have missed something here.
Thanks in advance
Thanks in advance
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For example, if you work 8 hours per day, 5 days per week at £10 per hour. Your annual earnings would be £20,800 (£10 x 8 hours x 5 days x 52 weeks). They would then split this in 12 equal payments of £1733.33 and it would always be this amount regardless of number of days/weeks in the month. Any overtime would then be paid on top.
Look back over previous payslips and compare with how much overtime you have done.
If they are taking your contracted hours and calculating your annual pay and paying that equally over the 12 months then that, in effect, is being salaried.
[People who are salaried can nevertheless calculate an hourly rate by dividing their annual pay by 52 and then by the number of hours they are contracted to work per week.]