M
monobrow
Guest
Isn't it great how all them news stories are mid 2008 on the side bar...
Isn't it great how all them news stories are mid 2008 on the side bar...
Don't mind getting an old pay rise. The percentage rise we got in 79, or previously in 74 as I seem to recall would do nicely. I'll let the young goaters research exactly what each amounted to, the old sweats should still remember.DT_Xtremez_28:
Too young for the 74 but the 79 was 35% if memory serves right.DT_Xtremez_28:
This IS the gen as we know it today:
JPA is showing a pre loaded basic pay rate of 2.8% more for april than is currently on there for march. That is your basic rate of pay not including x factor, which is 14% of whatever you get paid as you basic rate. It is not anticipated that x factor is rising this year. They could easily reprogram this rate of pay to another (lower) one but it is very likely that that is what we are getting and it is just the politicians dragging the feet announcing it for some reason.
Don't mind getting an old pay rise. The percentage rise we got in 79, or previously in 74 as I seem to recall would do nicely. I'll let the young goaters research exactly what each amounted to, the old sweats should still remember.DT_Xtremez_28:
So for example:
You used to be paid 100, with 14% x factor you get a gross pay of 114.
Your basic pay (100) is increased by 2.8% so now your basic pay is 102.8. Add to that your 14% x factor which puts your gross total at 117.19
Your total increase from this pay rise is therefore 3.19
Which funny old thing equates to a pay rise in your gross pay of errr 2.8%
Does that include compounded increase in X factor at 14% ? If not it would equate to a total rise of 3.19 %
So for example:
You used to be paid 100, with 14% x factor you get a gross pay of 114.
Your basic pay (100) is increased by 2.8% so now your basic pay is 102.8. Add to that your 14% x factor which puts your gross total at 117.19
Your total increase from this pay rise is therefore 3.19
Which funny old thing equates to a pay rise in your gross pay of errr 2.8%
Which is what I said a few pages ago before when all you HR 'experts' were saying 2.8%.
Sospan you're slightly off with your maths I think. Its only 2.8% whichever way you look at it. 3.19 was the amount of the rise in unitary terms and not a %
Previous gross pay was 114 (100+14%), new gross pay is 117.19 (102.8+14%) which is a rise of 3.19 (units) but still only an actual rise of 2.8% (3.19/114*100)
I know there is like 40 odd pages on this thread but it really irks me when people dont read or think for that matter before posting. This IS the gen as we know it today:
JPA is showing a pre loaded basic pay rate of 2.8% more for april than is currently on there for march. That is your basic rate of pay not including x factor, which is 14% of whatever you get paid as you basic rate. It is not anticipated that x factor is rising this year. They could easily reprogram this rate of pay to another (lower) one but it is very likely that that is what we are getting and it is just the politicians dragging the feet announcing it for some reason.
So for example:
You used to be paid 100, with 14% x factor you get a gross pay of 114.
Your basic pay (100) is increased by 2.8% so now your basic pay is 102.8. Add to that your 14% x factor which puts your gross total at 117.19
Your total increase from this pay rise is therefore 3.19
Which funny old thing equates to a pay rise in your gross pay of errr 2.8%
With rumours of 2.8% being applied would everyone be happy with that as a payrise