What increase can I expect please £ 6.5% pay rise

[Whatincreaseplse]

My pay each month after tax/pension and national insurance is 1145. What can I expect please with a 6.5% pay rise. Thank you. Pro rata term time

If you use the salary calculator website and add the relevant information it's pretty accurate.

Thank you. I had a quick look and I can't see anywhere to add the 6.5% to my monthly pay...

You'll need to work the 6.5% increase out first then put your new salary in

But that's exactly what I can't work out 😂.

I'm hoping some clever person can work it out.

Grab your calculator on your phone - enter gross pay (before tax) + 6.5% then = this is your new gross pay, you can then work out your after tax & NI but if you try doing it the other way using your after tax figures it'll be a rough idea and not a true reflection of your new earnings.

You need your annual salary, plus pension contributions.

Assuming 5% pension, that's around 14700 annual.

6.5% increase makes 15560, and a take home of around 1190.

What is your gross pay? What is the total amount on your pay slip before tax pensions etc are taken off?

I make it £1185, but depends on your pension deduction

About £1214 - 1145 x 106%

Thanks, so "roughly" 45 a month increase.

Might be very slightly more - £1219, but somewhere around there...nice extra amount to have, that's a good rise !

Unfortunatly, I disagree with the lovely amounts Tatie has calculated, as all of your increase will have tax and NI deducted, where as quite a lot of your take home is tax free. So it will be less than 1200, imo.

15560 in salary calculator gives me a pitiful 32 a month for rise.

I'm absolutely gutted. I was hoping for a minimum of 45.
Such a huge rise comes out as so little.

Gutted.

So, do you contribute 6.5% to a pension?
That will make your salary higher, so your new salary will be higher.

5.5 % it's a local gov one

It's not that far off though . £156 difference over a year.

Whatever the £ increase is, less 12% for NI 20% for tax and then 5.5% pension

unless the pension is salary sacrifice, although I doubt it on that salary - but if it is, then the £ increase, less the 5.5% pension - then 20% tax 12% NI on the increase less pension

@Trying81 so less 47%

Or rather whatever the rise is, less 47%

So rise translates to maybe 2.5%

I'm sorry I got it wrong, I was working on the basis of your current take home amount as you said pension etc was already subtracted. My apologies.

Will I get a bit more after today's announcement?

I worked it out and it was. 90p a month

Yes, you will get more following the NI cuts announced today - hopefully in January.

How did you work out the 90p a month?
I earn slightly more than i think you do, and decided it was more like £80 a year - so £6.66 a month.

I did:
NI starts at about 12,500.
I earn 4k more than that.
2/100 * 4000 = 80

Watching as I am a TA have same income. Waiting for it to be backdated so will probably be taxed to shit for it 😭

Is 6.5% the rate for all associate staff? Good to have an actual figure rather than the £1925 for full time, non term time. I couldn't get my head around what the actual percentage would be.