How is my hourly pay calculated??
Posted: Fri May 25, 2012 11:08 am
Got an issue to fill in the gaps on the SET(O) form. My WP states 25000 / y for 40 hrs/week.
1 - How do i calculate the hourly pay?? 25K / (40*52)?? If yes, what about the 28 days yearly leave?? Is that included?? I'm really confused, cos i don't work weekends!! So it can't be divided by 52 ?!!...
God, i'm confused!! I just want to know how does UKBA calculates this to make sure i'm above the normal SOC Code salary.
2- What is the SOC code yearly pay based on?? 37.5 hrs/week??
3 - What data (timewise) does UKBA use? Data on the P60 over the years divided by 4? Or the last P60 yearly salary?
4 - What data shall i use?? to fil the info on the form? Average of my last 3 payslips? My last pay slip data ? Data on the P60 over the years divided by 4? Or the last P60 yearly salary?
Yes, it's quite confusing, cos all my salaries are +/- 200 or 300 different. This is due to overtime so the basic pay is quite difficult to define
Please help, cos i'm really struggling to understand here.
1 - How do i calculate the hourly pay?? 25K / (40*52)?? If yes, what about the 28 days yearly leave?? Is that included?? I'm really confused, cos i don't work weekends!! So it can't be divided by 52 ?!!...
God, i'm confused!! I just want to know how does UKBA calculates this to make sure i'm above the normal SOC Code salary.2- What is the SOC code yearly pay based on?? 37.5 hrs/week??
3 - What data (timewise) does UKBA use? Data on the P60 over the years divided by 4? Or the last P60 yearly salary?
4 - What data shall i use?? to fil the info on the form? Average of my last 3 payslips? My last pay slip data ? Data on the P60 over the years divided by 4? Or the last P60 yearly salary?
Yes, it's quite confusing, cos all my salaries are +/- 200 or 300 different. This is due to overtime so the basic pay is quite difficult to define
Please help, cos i'm really struggling to understand here.