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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Can someone help me with my salary?

56 replies

Keepingupwithme · 02/10/2021 16:56

Afternoon Smile posting for traffic as I'm a bit stuck on how to work this out. I have asked my new manager as he's in the same boat but he's unsure too.

Just started a new job and the salary is 20k.
We are paid every 4 weeks. How do I work out what I'll take home every month? (I'm assuming it will be the same amount each month?)
Do I just divide 20k by 13 months? (Then put into gov website which will show me my take home pay)

My last job was the same amount but I was paid monthly so a bit easier to work out. Thanks , I'm clueless and my manager doesn't know either 🙈

OP posts:
Shellfishblastard · 02/10/2021 17:23

It’s very common, especially in local authorities

Keepingupwithme · 02/10/2021 17:23

@martingrowler pretty much all of my bills go out between the 1st and 8th of every month

OP posts:
Girlintheframe · 02/10/2021 17:23

I used to love 4 weekly pay. ESP the month you got paid twice. One of those pays was my 'free' one and I could spent it on whatever I liked.

JustLyra · 02/10/2021 17:24

If you can afford it (and I know lots can’t) the best way to deal with 4 weekly pay is to treat it as a month. Pay all your monthly bills.

Then once a year you’ll have an extra payment that you don’t have to spend on bills or essentials

Suzi888 · 02/10/2021 17:24

If you get paid four weekly, you’ll get paid 13 times in a year.

You’ll need to know if you are contributing to an occupational pension and what % it is, take off tax and NI.
Listen to the taxman is a good site.

WilliamWonka · 02/10/2021 17:25

@Keepingupwithme

I've also noticed (after I started the job) that the company have terrible reviews from previous employees saying they were always paid the wrong amounts so I want to make sure I know how much I should be paid incase the same thing happens to me and I need to challenge it!
That’s something you need to keep an eye on yourself by knowing your own wage and what hours per week you’ve worked.
Keepingupwithme · 02/10/2021 17:29

@WilliamWonka I'm contracted to work 40 hours a week but as far as I'm aware I won't be paid for any overtime but my pay will also not be docked if I don't work my full hours. I was told by the regional manager that some weeks can be really busy and other weeks are very quiet so it all balances out one way or another 🤷🏼‍♀️

OP posts:
3WildOnes · 02/10/2021 17:30

£1327 after deductions assuming but will change if you have a pension. Use one of the online calculators.

MsVestibule · 02/10/2021 17:31

It will be more difficult to manage your outgoings some months. Your payment will get earlier and earlier every month - for example, your payment in September 2022 will go in on 2 Sep, so may cause problems if you have a lot of DDs going out on the 1st,

I read a while ago that it can also cause problems if you claim UC - as you sometimes receive 2 payments in one calendar month, they'll stop your claim as it looks as though you've had a massive wage increase and you have to start again. Not sure if that problem has been resolved or not, though.

WilliamWonka · 02/10/2021 17:31

[quote Keepingupwithme]@WilliamWonka I'm contracted to work 40 hours a week but as far as I'm aware I won't be paid for any overtime but my pay will also not be docked if I don't work my full hours. I was told by the regional manager that some weeks can be really busy and other weeks are very quiet so it all balances out one way or another 🤷🏼‍♀️[/quote]
That sounds strange. You won’t be paid overtime (Red flag) but if you decide to work (say) 30 hours instead of 40 you’ll be paid for the 40? Is that the same if you choose to work 20 hours instead of 40? Do you have an allocation of hours you must work in a month?

MurielSpriggs · 02/10/2021 17:32

It's not such a big problem for budgeting. In fact in many ways it's better than being paid monthly. Your salary just gets a bit earlier each month until one month you get paid at the beginning and again at the end - bonanza!

Much worse is the system I once had where the landlord charged rent every four weeks but I got paid monthly. Eventually came one month with two rent payments due.

Keepingupwithme · 02/10/2021 17:33

I figured that was normal in salaried jobs? (Could be wrong) it was a very similar set up in my old job too. @WilliamWonka

OP posts:
Keepingupwithme · 02/10/2021 17:34

@WilliamWonka nope, no allocation of hours. As long as the work is done and done to a good standard they don't care if people work their full hours or not apparently...

OP posts:
LockdownLisa · 02/10/2021 17:35

I was told by the regional manager that some weeks can be really busy and other weeks are very quiet so it all balances out one way or another 🤷🏼‍♀️

Hmm, that sounds a bit suspicious. Keep a log of the number of hours you do and make sure it does even out. You're not earning much more than NMW and it could drop below it if you/your employer aren't careful.

Boatingforthestars · 02/10/2021 17:35

You work out your salary divided by 56 weeks, then times that by 4.
You will get exactly the same as its a fixed time period ie 4 weeks.
I get paid that way and its brilliant

WilliamWonka · 02/10/2021 17:40

@Keepingupwithme
I’ve only ever been paid monthly, not 4 weekly so don’t have personal experience, but it sounds strange and not normal to me. Why would someone pay someone a 40 hour wage if they only worked 30, or 20? Where does that limit end? It might be normal and me being naive but that doesn’t sound right to me at all. Especially with the reviews you mentioned from previous employees saying to watch out…

WilliamWonka · 02/10/2021 17:41

Just keep an eye on your own wage and hours and challenge as soon as you see a discrepancy, if you do, IMO.

Merryoldgoat · 02/10/2021 17:44

@Boatingforthestars

You work out your salary divided by 56 weeks, then times that by 4. You will get exactly the same as its a fixed time period ie 4 weeks. I get paid that way and its brilliant
52 weeks…
Pinkandpink · 02/10/2021 17:45

I have been paid every 4 weeks for years, love the month when I get paid twice. Im on min wage so it does help.

Vickim03 · 02/10/2021 17:49

My hubby is 4 weekly. It took a year to adjust to this and did mean 1 month (jan in our case) we got paid the beginning and the end. His basic is the same each month as he’s contracted 40 hour weeks. It does mean pay day moves around each month.

Keepingupwithme · 02/10/2021 17:51

I will definitely keep an eye out just incase, I'm not working for free! @WilliamWonka Smile

Thank you everyone. I understand a bit more now and hopefully my pay will be correct and I won't have to query anything. It's good to hear some positive feedback about being paid 4 weekly as well Smile

OP posts:
Vickim03 · 02/10/2021 17:51

Ps. He does have extra paid when he’s been on call or called in so can change as this changed due to holidays etc

Abouttoblow · 02/10/2021 17:54

I've been paid 4 weekly for years. If it's a salaried position there's no reason it would change, it will be the same every time. It's great having one free pay a year where you've no bills to pay!

Indoctro · 02/10/2021 17:57

£1327.84

Your weekly wage X 4

Can someone help me with my salary?
BoredZelda · 02/10/2021 17:57

If it’s a weekly calculation, surely you just divide by 52 and multiply by 4?