Quick question that hopefully someone can explain to a simpleton like me...
I have recently seen a contract for a new joiner, starting salary of DHS25,320 per month. As far as I can tell this is a 5% increase over the previous starting salary of DHS24,110....not 8.15% as mentioned.....? Am I missing the bigger picture? |
WTFH. If he/she joined after Dec 31st 2010, they'd not be entitled to the 3% step increase. For all employed prior to that date, the 5% is applied on top of the 3% step, resulting in just over (effectively) an 8% increase in basic.
Capiche? V |
The way this recent pay review has been handled is a fine example of how a little confusion can go a long way. The contract your friend has is correct. All steps were increased by 5% therefore the first step is now 25320.00. Those who joined before December 31st should be on 26080.0 i.e. step 2 which is 3% higher than step 1.
I haven't seen this much this much head scratching since Ed was let loose with a keyboard. Must be time for a new altimeter setting procedure. |
Ah easy....thanks guys for the response :ok:
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