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How To Calculate Your New Salary After The Implementation of New minimum wage - Politics - Nairaland

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How To Calculate Your New Salary After The Implementation of New minimum wage by Shegman22(m): 5:15pm On Apr 22, 2019
How To Calculate Your New Salary After The
Implementation Of The New National Minimum
Wage Bill:

The Formula;
x=(a×b)÷c
where a = the present salary
b = new minimum wage
c = previous minimum wage
x = new salary.
e.g. someone receiving alert of ₦100,000
can be solved thus, (100,000×30,000)
÷18,000=166,666.67

therefore, new monthly alert would be ₦166,666.67
Re: How To Calculate Your New Salary After The Implementation of New minimum wage by oby4real(m): 5:28pm On Apr 22, 2019
That is even higher than adding 30k to present salary across board!
My brother, this is not true. Government can't be that generous.

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Re: How To Calculate Your New Salary After The Implementation of New minimum wage by mine85(m): 5:35pm On Apr 22, 2019
What is the current full pay for a level 8, step 1 newly employed graduate in federal ministries?

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