Monthly paid

[Peabrain22]

For the second time in 5 months after doing it in December we are now looking at working 5 weeks in one month again.. we ll have the usual weekly paid replying to this thinking they know everything when there on weekly pay..but when you look at your slip and for the 5 weeks it says 80 hours for arguments sake when you've actually done a 100 hours over 5 weeks again for the 2nd time in 5 months.. people have attempted to explain it in a way you would think it was coming out of there own pockets but it simply cannot be seen anywhere throughout the year that it all ties in..in my eyes I've worked 2 weeks of half a month for nothing.. cut off 17th march to sunday april 20th equals 5 weeks not 4 in any businesses normal month..

[Mac123]

For the second time in 5 months after doing it in December we are now looking at working 5 weeks in one month again.. we ll have the usual weekly paid replying to this thinking they know everything when there on weekly pay..but when you look at your slip and for the 5 weeks it says 80 hours for arguments sake when you've actually done a 100 hours over 5 weeks again for the 2nd time in 5 months.. people have attempted to explain it in a way you would think it was coming out of there own pockets but it simply cannot be seen anywhere throughout the year that it all ties in..in my eyes I've worked 2 weeks of half a month for nothing.. cut off 17th march to sunday april 20th equals 5 weeks not 4 in any businesses normal month..

I've actually just noticed this myself. There's no evidence to suggest I've gotten the extra week split over the year as I write down every hour and minute I do. I can't seem to find where it ties in. Weekly pay employees don't understand how monthly employees have to dissect everything to make sure their wages are correct as they don't have to deal with cut offs and a full 4 weeks and most of the time they wages aren't correct. Alot more simple week to week and easier to stay on top of it. Monthly have another 2 weeks done from the the last cut off and not a penny. Weekly paid twice since then. It's actually scandalous.

[Londonsburning]

Unfortunately we all saw this coming when they said new starts were going to be paid monthly, shorting people on their docket etc. It's absolutely been done by design by RM and it's f***ing scandalous.

[1560loopsayear]

It should be every 4 weeks.. payday Friday for example...then you would receive 13 payments a year and everything would be linear and easier to work out.

[Playmail]

It's your hours let's say 30 hours x 12.54 = 376.20 x 52 = 19,562.40 ÷ 12 = your basic rate 1630.20

[Jefferson Starfish]

It's your hours let's say 30 hours x 12.54 = 376.20 x 52 = 19,562.40 ÷ 12 = your basic rate 1630.20

What about the extra day per year and extra 2 days every leap year?

[ted_e_bear]

I thought you got paid your weekly hours, for example 30 x 52 weeks ÷ 12, so 12 equal monthly payments so it doesn't matter if some months have 5 weeks as you still get 52 weeks worth of pay per year, or am I missing something ?

[funkflex55]

It's your hours let's say 30 hours x 12.54 = 376.20 x 52 = 19,562.40 ÷ 12 = your basic rate 1630.20

What about the extra day per year and extra 2 days every leap year?

https://www.accountingweb.co.uk/any-ans ... rking-days

You should never use a flat 52 for such calculations. The number that should be used is in the link. Whether RM do so or not is another question.

Although working it out with the above toys still don't get that extra days pay over the year. It's about £17 short. Anyway it's a drop in the ocean compared to all the unpaid overtime that staff do. Either through stupidity, bad maths, figures manipulation or by choice. Probably adds up to millions.

[2chorizon]

I thought you got paid your weekly hours, for example 30 x 52 weeks ÷ 12, so 12 equal monthly payments so it doesn't matter if some months have 5 weeks as you still get 52 weeks worth of pay per year, or am I missing something ?

This is correct ^

[priority102]

Whichever way you paint it, you still get paid for 52 weeks per year. It is no ones fault that some months have more days than others.

[Newandscared]

It's your hours let's say 30 hours x 12.54 = 376.20 x 52 = 19,562.40 ÷ 12 = your basic rate 1630.20

What about the extra day per year and extra 2 days every leap year?

I have asked this question myself as I noticed doing quick maths on my first payslip that I was getting paid what looked like more than 12.54p/h and therefore overtime didn't match up, I had used a flawed assumption that I was paid for the year etc..thinking process doesn't matter. The reply I got is below:

Monthly paid staff are paid their contracted hours the same month that they are in.
Meaning you are paid from the 1st to the last calendar day of the month at the end of each month.
You are paid on average and per calendar day.
As you are contracted to 22.5 hours a week:

22.5 times by 52.179 (because ordinarily there are 52 weeks in a year but the .179 accounts for leap years and when there are 53 weeks in a year) divided by 12 (for the months) comes to 97.84.

97 hours 84% of an hour which is 50 minutes.
Every month, as long as you work/are employed the entire calendar month, you will always be paid for 97 hours 50 minutes.
Your Basic Pay for those 97 hours 50 minutes is £1,226.44.
1,226.44 divided by 97.84 comes to £12.54.

[fred810]

it feels really off when the numbers just don't add up

[loyalsnail]

People are paid 1/12 of annual salary each month so in a long month you'll be paid less hours than you've worked, in a long month you'll be paid more. Over a year you're paid the right amount.