Quick Playslip question

MickeyFinns

MickeyFinns

MickeyFinns

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Joined
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Tooting, London
Just got a backlog of 5 months of Payslips from when I started my first job and I think I may be being underpaid, but, before I go asking my boss about it I want to check I'm not missing anything.

Should the "Basic Pay" value on my Payslip, when multiplied by 12, equal my total salary?

Thanks
 
Not necessarily. Many payrolls work on number of days.
So salary for the month would be annual salary/365.25 * days in month. eg
February @ £20k = 20,000/365.25 = £54.75
Gross pay = £54.75 * 28 = £1,533
 
J.B said:
http://www.thesalarycalculator.co.uk/salary.php

I like this website, just fill in your annaul salary and it will work out your take home each month.
Click to expand...

I've used this before and id does indicate my take home but that doesn't exactly answer my question.

Phage said:
Not necessarily. Many payrolls work on number of days.
So salary for the month would be annual salary/365.25 * days in month. eg
February @ £20k = 20,000/365.25 = £54.75
Gross pay = £54.75 * 28 = £1,533
Click to expand...

I've had the same monthly Basic Pay for every month since my raise in September so I've had 30 day and 31 day months with the same amount.

The thing is the Basic Pay on my Payslip * 12 is about 12% beneath the salary on my contract so I'm wondering if their is anyhting significant that may be being taken out before the payslips?

Tax/NI/Student Loan are coming out after Basic Pay and I havn't arranged my pension yet so that's not being taken out.
 
Last edited:
If you get the same each month regardless of days then yes, basic pay * 12 is your salary. Also worth noting your employer is legally obliged to give you your payslip at least one working day before you get paid, unless you're an offshore fisherman or some other profession that i can't remember.
 
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