ANNOUNCEMENT : ROYAL MAIL EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (UPDATED 2017)... HERE

ANNOUNCEMENT : CHRISTMAS & NEW YEAR ARRANGEMENTS 2017/18 INCLUDING PAY ARRANGEMENTS... HERE

ANNOUNCEMENT : SEVERE WEATHER THREADS : UPDATED 2017... HERE


How is "Pensions Contrib. Pay" calculated?

16 Nov 2017, 21:14

In the top right corner of our payslips, it has the "Pensions Contribution Pay", but I've never been able to work out how it's calculated.

Seems like it's always a few pounds less than the gross pay, or about 5% below.

How is Pensions Contribution Pay calculated, and why is it always a few percent off gross?

The nerd in me needs to know :hmmmm


How is "Pensions Contrib. Pay" calculated?

17 Nov 2017, 04:47

I’ve never been able to get my head round it either to be honest as it seems to be different for everyone, despite earning the same.
But friend of the forum nataddick, did contact HR a while back and gives an explanation in this thread: https://www.royalmailchat.co.uk/communi ... 27&t=70490

Previous page Next page


Page 1 of 1