stu675:
beefy4605:
.. Top lines are meaning less ,
this year we’re going to have 3 different rates for tax and NI rates. Married people pay different tax, different age groups pay different, whether you live in Scotland or England is different, it’s just not feasible. To compare between different employers a headline rate before tax is much easier to compare.
hourly rates meaning less .
that means you don’t value your time, that you don’t care how hard you have to work for the money you earn.
Also with hourly pay, I thought it was standard that you would have say an eight hour or ten hours minimum that you would be paid for showing up, is that not the case? So you know your minimum weekly pay, the long hours are just a bonus.
Well with 3 changes of tax and N.I rates this year if your paid by the hour your never sure what you taking home - are you ? Your tax and N.I will change so what you take home changes .
Paid by the day I’m still taking the same amount home week after week -tax and N.I changes in rates are the office peoples problems - they have to adjust my top line so that when tax and N.I are paid I still end up with my day rate - my pay stays the same .
As to valuing my time I know exactly how many hours I work some days I may have to put in a couple more hours than I want to but many days I get finished earlier than expected so when its all added up on a daily rate I’m better of being paid by the day than by the hour .
Why do so many get hung up on top lines rather than take home pay? Take home pay is the one that matters the amount of people now working with minimum wage ,meal allowances , unpaid breaks etc etc its all smoke and mirrors trying to figure it out . Day rate after tax and N.I cuts all that out £150 a day - thats what you take home . Keep it simple and you’ll not get screwed over by the accountants and the pennypinchers .