HELP! If you are hourly paid and paid monthly please read. Feedback HUGELY appreciated. - HotUKDeals
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HELP! If you are hourly paid and paid monthly please read. Feedback HUGELY appreciated.

Kouga Avatar
8y, 5m agoPosted 8 years, 5 months ago
Something I picked up on a few months ago, bear with me as I try explain as best I can...

The company where I have worked for the last 7 years is paying me my monthly wage as follows...

Hourly wage multiplied by my contracted hours for the week then multiplied by 52 (weeks in a year) then that amount is divided by 12 for my monthly wage.

However!

There's 7 days in a week 52 weeks in a year, right?
BUT theres 365 days in a calendar year and 366 in a leap year...

365 days into 52 weeks doesn't fit... theres actually 52 weeks AND 1 day per calendar year and 52 weeks and 2 days per leap year.

So I've realised I am actually LOOSING a days pay each year I work for this company, as every year i'm paid for is only 52 weeks.

So I'm looking for feedback - Am I right or completely misguided? If I am right what can I do about it?

Are any of you paid the same way - weekly wage multiplied by 52 weeks and divided by 12 for the months?

Are any of you paid this way - weekly wage multiplied by 52.18 (takes into account the extra day) and then divided by twelve months?

Feedback on this really will be hugely appreciated, I'd to know where I stand before I start kicking up a fuss, I'm not talking a huge diference in my pay if I'm right , but its the principle :p
Kouga Avatar
8y, 5m agoPosted 8 years, 5 months ago
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[mod]#1
Please dont think I am calling you stupid but are you sure you are not on a salary?
#2
My company works the same way and last year we got paid week 53 it happens i think around every 7 years gogle week 53 you should get your answer
#3
hmmmmmmmz. kick up a fuss daddy o. show them corporate hobo's who's the man!
#4
Had a long fight with hr before they gave in and paid up :thumbsup:
#6
I work in retail and am paid by the hour on a hourly contract.

There was a 53rd week last year in our companies finance but we were only paid the usual 52 week as always.

I have tried querying but always seem to be swept aside or can never get a straight answer so thats why I am looking for feedback from any here who might know where I stand with this :)
banned#7
Ace Hayward
hmmmmmmmz. kick up a fuss daddy o. show them corporate hobo's who's the man!


Hiya Ace, how are you doing?
#8
I'm paid like that...
no i lie....
I have a salary
#9
take a extra day off lol :P
#10
i work hourly and get paid monthly, whats the catch?
#11
My contract hours are 16 per week, so for me they multiply 16 X 52, then divide by 12 giving 69.33 hours per month.

My hourly rate is then multiplied by 69.33 to give my monthly salary.
#12
hey dlm, nice to see ya. im alive again muhahhahhaha
#13
If you are paid by the hour, you should be paid that extra day...
If you are salaried and on say £14k and it works out at so much per hour....you don't get that extraday cos you are contracted to work whatever.
#14
isn't everyone who is on a annual salary working an extra day during a leap year for free??!! That's what I always thought. You get paid for it if you are hourly or weekly paid. It's just one of those things that you have to put up with.

If you don't like it - pull a sickie day during a leap year!!!
#15
Oh a little more info...

I did report this to our Human resources who dragged it out over 8 months and never got back to me, I was chasing them up every month until finaly I was told it was "decided at a board level" we wouldn't be paid it.

I also sent off to this Q&A thing we have, I asked two questions in total, this was the first query and then followed by another unrelated question. When the monthly newsletter came out they ommited this question and answered the other. Is this proof they're burying their head in the sand?

Thanks for all the comments btw, I appreciate it.
#16
4241mackay;2255252
i work hourly and get paid monthly, whats the catch?

the catch is, you might lose depending on how you're paid
#17
Kouga;2255304
Oh a little more info...

I did report this to our Human resources who dragged it out over 8 months and never got back to me, I was chasing them up every month until finaly I was told it was "decided at a board level" we wouldn't be paid it.

I also sent off to this Q&A thing we have, I asked two questions in total, this was the first query and then followed by another unrelated question. When the monthly newsletter came out they ommited this question and answered the other. Is this proof they're burying their head in the sand?

Thanks for all the comments btw, I appreciate it.

by giving you the money, they set a precedent because they would probably have to backdate it
#18
kill them.
#19
o, cheers warmapplepie!

-Who we killing?
#20
warmapplepie
by giving you the money, they set a precedent because they would probably have to backdate it


Thats what I thought and why I assume they are dragging their heels or blatantly ignoring me and my colleagues.

We're begining to wonder whether to actually inform other branches of this and see what could happen, but kind of feels like drawing a huge target on our chests
#21
kill them all
#22
Ace Hayward
kill them all


If they're killed who'll pay up?
#23
i agree ^
#24
Kouga;2255425
If they're killed who'll pay up?

there would be no-one around so just push the button and you can pay yourself as much as you want
#25
exactly. you can literally print off the money!!!
#26
suze
My contract hours are 16 per week, so for me they multiply 16 X 52, then divide by 12 giving 69.33 hours per month.

My hourly rate is then multiplied by 69.33 to give my monthly salary.


Sorry Suze I missed your post...

You're in the same boat as me, it should be 52.18 they multiply your hours by to include the 365th day of the year
#27
if you were paid 4 weekly, you would not lose anything
#28
people paid by the hour should really be paid based on weeks...
#29
you need to find out your hourly rate then you can work out if you are paid incorrectly - it could be that you are actually paid monthly
#30
My husband is paid this way too. he doesnt get week 53 either, I think he may be losing more because he currently works a four day shift followed by four days break, so some months he works more days than others, but his monthly pay never changes? HR say its fine! :)
#31
I would definitely contact pay and conditions are query it with them, if your wrong you won't of lost anything, if you right your'll be better off!
#32
My company quoted me an hourly rate in my contract. They pay me monthly but their calculation is based on a 48 week (calendar month) rather than 52. i.e. £XX x 16 hrs p/wk x 4. So I get paid for 64 hours each month - even when there is a 5 week month! I have raised this as an issue and they've just ignored me. :( . Looking on the contract it states your 'salary' will be £XX per hour. So am I on a salary or hourly rate ???
#33
We have this argument everytime we work standby when the hours change.

You have to work an extra hour when the clocks go back, and a hour less when the clocks go forward. Work doe not pay the extra hour, or take away.. Depends on who the weekend falls on which employee.
1 Like #34
sbryan333
My company quoted me an hourly rate in my contract. They pay me monthly but their calculation is based on a 48 week (calendar month) rather than 52. i.e. £XX x 16 hrs p/wk x 4. So I get paid for 64 hours each month - even when there is a 5 week month! I have raised this as an issue and they've just ignored me. :( . Looking on the contract it states your 'salary' will be £XX per hour. So am I on a salary or hourly rate ???


Hmmmn. Joined especially to refresh this old thread. (_;)

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