Wages - Calculating a reduction in hours

Tican

Tican

Tican

Soldato
Joined
14 Apr 2003
Posts
5,716
Location
Leicester
Hi there,

Just wondering if anyone can help,

Basically, I am going to approach my employer to see if I can go down to 4 days a week, on medical grounds.

Now I need to work out, before I approach them, how much I would be losing a month out of my pay packet, before tax & after tax and also what my Annual Salary would go down too.

Currently I am on £14,718 per annum before tax, I work Monday to Friday's and bank holidays are paid. 35 hours a week/7 hours a day.

Thanks in advance if anyone can work this out, as I haven't a clue :)
 
DJ Binks said:
Hi there,

Just wondering if anyone can help,

Basically, I am going to approach my employer to see if I can go down to 4 days a week, on medical grounds.

Now I need to work out, before I approach them, how much I would be losing a month out of my pay packet, before tax & after tax and also what my Annual Salary would go down too.

Currently I am on £14,718 per annum before tax, I work Monday to Friday's and bank holidays are paid. 35 hours a week/7 hours a day.

Thanks in advance if anyone can work this out, as I haven't a clue :)
Click to expand...


11744
 
DJ Binks said:
Now I need to work out, before I approach them, how much I would be losing a month out of my pay packet, before tax & after tax and also what my Annual Salary would go down too.

Currently I am on £14,718 per annum before tax, I work Monday to Friday's and bank holidays are paid. 35 hours a week/7 hours a day.

Thanks in advance if anyone can work this out, as I haven't a clue :)
Click to expand...
Sorry, and this will come across nastier than it's intended, but...

It does make me worry if you can't work this out yourself. It also goes some way to explaining why you earn under £15k (apologies if you are 16 or something). Book yourself in for some mathematics night courses at a local college or something.
 
Last edited:
cheesebury said:
That's probably why you only earn 14k.
Click to expand...
Really, any need?

PMKeates said:
Sorry, and this will come across nastier than it's intended, but...

It does make me worry if you can't work this out yourself. It also goes some way to explaining you earning under £15k (apologies if you are 16 or something). Book yourself in for some mathematics night courses at a local college or something.
Click to expand...

I won't tell you both what I do for a job then.

I have never been strong in mathematics, and nor will I ever be. It is just one of those things.

Edit:
I am also happy only earning £14k, I still am able to afford everything I want, have an easy (to a degree) job, good colleagues etc. ;)

And my health at the moment is stopping me finding anything else, as I have a lot of appointments, and no employer likes that!
 
DJ Binks said:
I have never been strong in mathematics, and nor will I ever be. It is just one of those things.
Click to expand...
Don't take that attitude. You can be. It might be much harder for you than most, but it's no excuse to give up. I have a friend who is dyslexic and really struggles to get his points across on paper. He is currently studying neuroscience at PhD level.

Believing you can do it is the first step.
 
PMKeates said:
Don't take that attitude. You can be. It might be much harder for you than most, but it's no excuse to give up. I have a friend who is dyslexic and really struggles to get his points across on paper. He is currently studying neuroscience at PhD level.

Believing you can do it is the first step.
Click to expand...


I guess, but it is just one of those things, I should really for the job that I am doing, but I am sure when I go on to a different job I won't really need it :o

I have looked into night courses, but most around here start at like 5pm!?!?!
 
PMKeates said:
Don't take that attitude. You can be. It might be much harder for you than most, but it's no excuse to give up. I have a friend who is dyslexic and really struggles to get his points across on paper. He is currently studying neuroscience at PhD level.
Click to expand...

A lot of people cant handle mathematics at all, I am one of them.

Neuroscience on the other hand doesnt require any mathematics, hardly anything in Biology does.
 
DJ Binks said:
I guess, but it is just one of those things, I should really for the job that I am doing, but I am sure when I go on to a different job I won't really need it :o

I have looked into night courses, but most around here start at like 5pm!?!?!
Click to expand...
You will never "not need" basic number skills :)
bhavv said:
A lot of people cant handle mathematics at all, I am one of them.

Neuroscience on the other hand doesnt require any mathematics, hardly anything in Biology does.
Click to expand...
My friend is fine with numbers - my friend can't get points across on paper. He has to go to enormous efforts to even explain the simplest concept or write his thoughts down. He will write the same thing out 5 or 6 times and keep reading it back, correcting, until it makes sense. It was an example of someone having a problem that is all too easy to accept, but instead overcoming it.

What have you done to work on your maths, out of curiosity?
 
Last edited:
new wage 11774.4

tax is 20% of (11774.4 - 6475 pers allowance) = 1059.88
class 4 NI is 8% of (wage - 5715 allowance) = 484.752

total take home = 10,229.77

monthly take home = £852.48


or something like that :)


ps: to op, ignore some of the fools here, notice how none of them actually worked out your take home wage, wonder why :)
 
Last edited:
cheesebury said:
That's probably why you only earn 14k.
Click to expand...

woohoo.gif
 
£14,718.00 * (4/5) = £11,774.40

(£11,774.40 - £6,475.00 income tax allowance) * 0.2 income tax rate = £1,059.88

(£11,774.40 - £5,720.00 NI allowance) * 0.11 NI rate = £665.98

£11,774.40 - £1,059.88 - £665.98 = £10,048.54 pa or £837.38 pcm.
 
PMKeates said:
£14,718.00 * (4/5) = £11,774.40

(£11,774.40 - £6,475.00 income tax allowance) * 0.2 income tax rate = £1,059.88

(£11,774.40 - £5,720.00 NI allowance) * 0.11 NI rate = £665.98

£11,774.40 - £1,059.88 - £665.98 = £10,048.54 pa or £837.38 pcm.
Click to expand...

Nice one!, NI confuses hell outta me, I have to pay class 1 (I think), class 2 and class 4. Abit unfair!
 
You must log in or register to reply here.
Back
Top Bottom