That's the sort of nonsense I'd expect from a Complaints Clerk rather than someone with a basic economic background - even the government website classes it as part of an employee's remuneration albeit paid for by the employer
My company pays for my super, that's not part of my "package". It's a compulsory third party payment. When I negotiate my salary increase its always on an excluding superannuation basis. You shouldn't be grateful just because your employer is meeting its legal obligations.
It's maybe just me being pedantic (I know, I know), but I've never really grasped why people say they work for a company. I've always worked for me and my family, and I have as much loyalty to any company that pays me as they have to me. I've done that at a variety of different companies, trading my services for the pay they offer. Moving if and when a better deal comes along. Although I have left some for lower paid work when the company changed and I didn't agree with their new principles. I know it's not the generally held view, but we're all 'self employed' trading our skills for money or reward. Exceptions to that have been when I do voluntary work, where I'm clearly then working for them, with the reward being the good I've done others.
No, but you should be grateful that your company can remain in business after meeting it's increased legal obligations.
Find somewhere else and upskill wages in Hull are ****ing ****e. The company I work for owe me nothing as I owe them **** all. People are desperate for lifelong job security it isn’t happening this isn’t the 1950’s I asked for 8% got 6% I am fine with that though I am always looking and I got back pay if they didn’t give me that I’d quit. Make sure you have investments and money in the bank otherwise you are ****ed!
I retired 8 years ago...Best thing I've ever done. Wish I had done it 20 years ago!!!! Don't miss the politics, favoritism and the management BS, I experienced at work, not one bit.
Really? I wonder how many workers will be paying the higher rate of income tax because their remuneration has increased and taken over the frozen threshold.
Wages/salaries in Hull are low, to coincide with the relatively low cost of property etc. when compared to the rest of the country. I worked in York for 14 years, but commuted every day....House prices in York were easily 30% up on Hull. Live in Hull, and you get stuck in Hull....I'm not complaining, one bit...Always been my home and will be at the end.
Where on the government website does it state that employers national insurance is part of an employee's renumeration?
I once worked at a place where non of us were in any union, after a while of pay rises not matching inflation and the rise in cost of living the usual murmurings started so we contacted the appropriate union for our profession. Of course they said we should all join them but went on to say we were already getting paid more than their recommended level.
An employee's National Insurance is not part of his remuneration, but it's obviously a cost of employing that employee.
Employer National Insurance contributions are classified as an on-cost above employee gross pay. Other on-costs may include pension contributions, statutory safety equipment and such like. On-costs can amount to 25% of employee gross pay and obviously impact on the overall staffing costs. They cannot be viewed as part of an individual's earnings though as they will be paying employee National Insurance and pension contributions themselves.
I appreciate it's a cost and I also appreciate that it will affect some companies negatively. At the end of the day, if official UK inflation is running at 2,8%, meaning real inflation is higher, then a pay increase of 1-1,5% means that someone is worse off the next year, unless deflation occurs.