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

    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

    34 Comments

    Supermod

    Please dont think I am calling you stupid but are you sure you are not on a salary?

    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

    hmmmmmmmz. kick up a fuss daddy o. show them corporate hobo's who's the man!

    Had a long fight with hr before they gave in and paid up :thumbsup:

    Original Poster

    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

    Ace Hayward;2255214

    hmmmmmmmz. kick up a fuss daddy o. show them corporate hobo's who's the … hmmmmmmmz. kick up a fuss daddy o. show them corporate hobo's who's the man!



    Hiya Ace, how are you doing?

    I'm paid like that...
    no i lie....
    I have a salary

    take a extra day off lol :P

    i work hourly and get paid monthly, whats the catch?

    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.

    hey dlm, nice to see ya. im alive again muhahhahhaha

    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.

    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!!!

    Original Poster

    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.

    4241mackay;2255252

    i work hourly and get paid monthly, whats the catch?


    the catch is, you might lose depending on how you're paid

    Kouga;2255304

    Oh a little more info...I did report this to our Human resources who … 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

    kill them.

    o, cheers warmapplepie!

    -Who we killing?

    Original Poster

    warmapplepie;2255321

    by giving you the money, they set a precedent because they would probably … 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

    kill them all

    Original Poster

    Ace Hayward;2255408

    kill them all



    If they're killed who'll pay up?

    i agree ^

    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

    exactly. you can literally print off the money!!!

    Original Poster

    suze;2255260

    My contract hours are 16 per week, so for me they multiply 16 X 52, then … 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

    if you were paid 4 weekly, you would not lose anything

    people paid by the hour should really be paid based on weeks...

    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

    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!

    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!

    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 ???

    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.

    sbryan333

    My company quoted me an hourly rate in my contract. They pay me monthly … 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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