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Nairaland Forum / Nairaland / General / Career / How To Calculate My Salary With The Newly Approved Minimum Wage Of #30,000 (1383 Views)
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How To Calculate My Salary With The Newly Approved Minimum Wage Of #30,000 by etoworld2(m): 6:07pm On Apr 22, 2019 |
I am a Civil Servant with the Federal Government. I have been battling with formula to calculate my salary with the new minimum wage of #30,000. I have met with different assumed methods or formulae, with each resulting to different figures. Please can anyone help with a reliable formula to achieving this, either as basic or gross earnings. You may wish to factor in Tax, Pension or any other deductions too.
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Re: How To Calculate My Salary With The Newly Approved Minimum Wage Of #30,000 by BrokenCock: 1:47am On Apr 23, 2019 |
How To Calculate Your New Salary After The Implementation Of The New National Minimum Wage Bill: by; MALAM MAMUDA KABIR DUTSINMA. 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 ₦25,000 can be solved thus, (25,000×30,000)÷18,000=41,666.66 therefore, new monthly alert would be ₦41,666.66. Pls share and forward this message to help others. by; MALAM MAMUDA KABIR DUTSINMA. |
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