pay slips

[Terminal_Boy]

I don't see why you need to fill time sheets now then if everyone will just be putting the same hours down?

If your workplace has different projects/activities funded from different budgets, they need to know who worked on what and when to track progress, resources and project spend.

 

[Psycho Sonny]

lol... what did you do? doctor ? or solicitor

i've seen emergency commercial electricians charge those prices. £150 for the first hour then £100 thereafter.

a doctor or lawyer would be more like £600 an hour.

 

[Deleted member 66701]

If your workplace has different projects/activities funded from different budgets, they need to know who worked on what and when to track progress, resources and project spend.

Yes, as a past project manager I know that, but that's not related to the law change on payslips.

 

[tom_nieto]

i've seen emergency commercial electricians charge those prices. £150 for the first hour then £100 thereafter.

a doctor... would be more like £600 an hour.

Or £33 an hour for off site on call in our trust! I’d like to know where I could earn £600 an hour!

 

[Pudney]

To be honest £80ph isn't much and i'd expect a doctor (private) to be on a higher rate. Usually office admin staff in a Law/Accountancy firm would be around £130ph with partners being up to £500

Partners at some accountancy firms are over £1,000 p/h.

 

[Sudden]

I was looking to instruct a barrister once for work. We were going established QCs etc. Some of them were about 1,500/hr. Crazy. Didn't end up going with them funnily enough

 

[Rroff]

This must be why we have been told we now have to fill out timesheets every week!

Aaah I wondered why we got a whole load of paperwork for new time keeping, etc. to claim expenses for additional hours worked and so on.

 

[flibbage0]

i've seen emergency commercial electricians charge those prices. £150 for the first hour then £100 thereafter.

a doctor or lawyer would be more like £600 an hour.

No Doctor is on anywhere near £600 an hour unless they have their own specialist clinic and even then that's a push. Usually they max out at £200k a year

That being said seeing these daily contract rates in IT and electrical work does make me question my career decisions
Most I'm looking at is £30 an hour and that is only once in a while, usual rate is £21 an hour...

 

[LeeUK]

My payslip has always told me how many hours I've worked including rate of pay per hour and my holiday entitlement including how many days/hours of holiday accrued and taken/left.

Has done ever since I started there 8 years ago.

 

[Raymond Lin]

i've seen emergency commercial electricians charge those prices. £150 for the first hour then £100 thereafter.

a doctor or lawyer would be more like £600 an hour.

You can look it up, there is a guide on solicitors rates for in London and out of London, even a QC in London do not get £600 an hour, it sure where you make up these figures from.


Quick google will show

As a guide, barristers' fees are in this range: Under 5 years experience: £75 – £125 per hour + VAT. 5-10 years experience: £125 – £275 per hour + VAT. 10-15 years experience: £150 – £450 per hour + VAT.

 

[Sudden]

You can look it up, there is a guide on solicitors rates for in London and out of London, even a QC in London do not get £600 an hour, it sure where you make up these figures from.


Quick google will show

As a guide, barristers' fees are in this range: Under 5 years experience: £75 – £125 per hour + VAT. 5-10 years experience: £125 – £275 per hour + VAT. 10-15 years experience: £150 – £450 per hour + VAT.

Not sure I agree. We have retention agreements with magic circle firms and pre-discount, senior partner rates (last checked a couple of years ago, so probably gone up since) were £720/hr.

Edit - some info here as well on rates (from a couple of years ago) - https://www.theguardian.com/law/2016/feb/05/city-law-firms-charging-up-to-1100-an-hour

 

[flibbage0]

Not sure I agree. We have retention agreements with magic circle firms and pre-discount, senior partner rates (last checked a couple of years ago, so probably gone up since) were £720/hr.

Edit - some info here as well on rates (from a couple of years ago) - https://www.theguardian.com/law/2016/feb/05/city-law-firms-charging-up-to-1100-an-hour

Does all of that money go to the barrister though? Surely only a portion of that goes to the individual and the rest to the firm

 

[Jimbeam3678]

Think some people are getting caught out with call out rates and hourly paid rates

 

[Sudden]

Does all of that money go to the barrister though? Surely only a portion of that goes to the individual and the rest to the firm

Less sure about barristers, but I imagine a chunk does go to them as they are all self-employed. I imagine they pay a fee to the Chambers they are a part of for handling admin etc., but no idea if it's a flat fee or a percentage fee based off of what they earn. A lot of guesswork here though!

Solicitors - you're completely right. The payment is to the firm and they then get a salary (and a bonus based off of how much their chargeable hours are). Equity partners would be getting a share of profits. Nitefly if ever comes on to the thread can probably give a far more accurate view though. This is all based on general knowledge rather than experience as I'm on the other side of the fence and instructing firms rather than working for them.