wombatico
I haven't got the spreadsheets in front of me and I don't know your rank/increment/base. PM if you want and I can give you accurate data.
Generally, your 2008 salary is 3% higher than your 2007. Your 2009 salary is 3% higher than you 2008 salary. Currently HDP is around 4-5% of your total earnings(ignoring the 15.5% if you are based and get that as cash).
So in 2008 you will get 3% more on salary and, if you work 84 hours, another 2% more in HDP. In 2009 same thing happens with respect to your 2008 salary. Additionally, in 2009 your PF(15.5%) will be based on your 2009 salary AND all the HDP which would now be about 8-10% of your salary.
So in simple terms....if you didn't change rank/increment/ base you will get $111.5 for every $100 you receive today.
I can assure you there is no deception on those numbers...I checked them myself as has Three Bear(thanks mate) and I am sure my nemesis;-) 404 would have let me know if I got it wrong.
The final amount is quite variable. If you work say 56hrs a month for 2007-09, your pay rise becomes 3% + 3% +1.33%(2008 HDP) + 0%(2009 HDP) + 1% extra PF due HDP(last number very approximate).
So at 84hrs it is 11.5%(approx). At 56 hrs it is 8.33%(very approx).
Hope this clears it up - if not PM me.
By the way, I have not had any email ref the GC recommending it or not - any news?
B scaler,
very eloquent and reasoned expositions. I look forward to reading more;-)
Last edited by Numero Crunchero; 11th August 2007 at 03:12.
Reason: screwed up the year;-/