Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,321 members, 7,780,798 topics. Date: Thursday, 28 March 2024 at 10:29 PM

How is minimum wage calculated? - Career (3) - Nairaland

Nairaland Forum / Nairaland / General / Career / How is minimum wage calculated? (37337 Views)

10 African Countries With The Highest Minimum Wage / How Is Paye Calculated For Someone Working Overtime / Does New Minimum Wage Affect All Salary Earners? (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: How is minimum wage calculated? by abbakacici: 2:44pm On May 02, 2019
All state Governor are considering 3 option
A) increase the salary of only those staff earning below the new minimum wages ie level 2 to 4 staff
B) increase workers salary by the same amount across board by the 12k
C) increase workers salary by 67% across board which actual increase in percentage

While governor want B or A NlC went C
To answer your question if you are earning 99k your new salary will be
A) 99k
B)111k
C)165k
Kept in mind that Option B is most likely option
Re: How is minimum wage calculated? by jackie35(m): 4:12pm On May 02, 2019
Poorboy:
What's the calculations if a minimum wage is added, if someone earn now 99k and minimum wage moves to 42k from the present 18k what is the expected salary of the person earning 99k now?


SIMPLE :- AXB/C

WHERE :- A = YOUR PRESENT SALARY, B = NEW WAGE AND C = OLD WAGE.
Re: How is minimum wage calculated? by Curdlebug(m): 6:51pm On May 02, 2019
GreatResearcher:
very very
its not,,, april alawee still the same 19.800
Re: How is minimum wage calculated? by Gabs7(m): 7:33pm On May 02, 2019
Geesaintagape:
Formula= present salary x 30k/18k

Nice
Re: How is minimum wage calculated? by Meritocracy: 8:54pm On May 02, 2019
I doubt if the minimum wage implementation won't end up as real scam
Re: How is minimum wage calculated? by slystyle203(m): 9:43pm On May 02, 2019
if you are earning 40k per month when the minimal wage was 18k, and you want to know how much you will earn now that its 30k. Simply minus 18k from 40k, you get 22k then add 30k to it which is 52k. Thats the calculation �

(1) (2) (3) (Reply)

Picture: Anything Bad Spending My Salary This Way? / Skye Bank Salary Scale: Salary Of Skye Bank Nigeria PLC / Top 5 Highest Paying Oil And Gas Companies In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.