Originally Posted by
SwitchMonkey
I think I get the point being made above.
i). In an ideal world where the previous year's 0.9% was part of core pay rise our 2019 pay would be: 100x1.029x1.029=
105.8841
ii). Since the 0.9% was a bonus, our 2019 pay is a 2.9% increase on the sum before bonus: 100x1.02x1.029=104.958
iii). Rearranging the maths, given we did get paid 2.9% extra last year (as a one-off), you could look at it that we got: 100x1.029x1.02=
104.958
.
I'm sure there's someone with actual knowledge who will prove me wrong, I'm a simple pilot and can just about cope with this maths whilst keeping my socks on.
As far as I understand it, I get paid more this year year than I did last year but not as much more as would have been the case if the 2018 AFPRB recommendation had been fully accepted.
Do I feel that there was a bit of smoke & mirror action going on last year? Yes.
Does it look the the AFPRB have picked up on this and made some fairly pointed comments? Absolutely!
(And don't worry, I'm not missing the point that the Police got 100x1.02x1.025 = less than we did.)
Switch Monkey, you got it in one. The starting point for this year was behind the finishing point of last year. The 0.9% bonus was "borrowed" from 2019 aka an advance of pay which has now been paid back in full.
(And I'm leaving injured)