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Clarification on salary/minimum wage
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Looktothestars
Posts: 3 Newbie
Good morning,
Looking for clarification on the following.
I work in retail paid a salary which in the financial year 2023/2024 was £22424 so just above minimum wage (this year will be at the new minimum wage),this is for a contacted 40 hour week.
Looking for clarification on the following.
I work in retail paid a salary which in the financial year 2023/2024 was £22424 so just above minimum wage (this year will be at the new minimum wage),this is for a contacted 40 hour week.
My employer divides my salary by 12, which I understand however there are 5 months where I work 5 weeks?
Should I receive additional pay these months?for both financial years
Looking forward to any help.
Should I receive additional pay these months?for both financial years
Looking forward to any help.
0
Comments
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If you are paid monthly then dividing annual salary by 12 months and paying same per month is correct1
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Are you getting paid on the same day each month ?
Five weeks is 35 days - more than in any month.
If you are paid on the same day each month, then you'll actually have worked four and a bit weeks between each payday (except for non-leap year Februarys, when you'll have worked exactly four weeks).0 -
Looktothestars said:Good morning,
Looking for clarification on the following.
I work in retail paid a salary which in the financial year 2023/2024 was £22424 so just above minimum wage (this year will be at the new minimum wage),this is for a contacted 40 hour week.My employer divides my salary by 12, which I understand however there are 5 months where I work 5 weeks?
Should I receive additional pay these months?for both financial years
Looking forward to any help.
If your employer is dividing your annual salary by 12 and paying you 1/12 each month, then by the end of the year you'll have received your full salary entitlement.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
are you paid hourly?
or you are paid a salary based on your base contracted hours with the addition of any allowances for unsocial hours etc ?
quite often even in 'hourly paid' perm roles you are paid a salary + allowances
and the salary is based on 1/12 of your contracted hours being in each month
hourly rate * weekly hours = weekly gross basic pay
weekly gorss pay *52.14 = annual gross basic pay0
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