It is a proportionate increase, it really do not matter if it is on basic or net,the same proportion still apply. I.e salary of 50k increased by 16% is 1.16 by 50k equal 58k and if basic is 20k increased by 16% =1.16 by 20k 23.2 allowance 30k/20k=1.5,1.5 by 23.2 + 23.2 is the same 58k. (Assuming allowance is 30k,basic is 20k then allowance is 30/20=1.5% of basic)

Dsourcee:
MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour

Is everybody's increase a percentage of N30,000 regardless of what Grade Level the worker is?

I am an auditor in a federal college of education in the southwest and I can authoritatively say that the percentage is on consolidated salary and not on basic salary. The new salary structure released from NSIWC for staff on level 1-6 around May this year clearly shows that. The figure on GL 1 Step 1 moved from 18k plus to 30k600 naira or thereabout.etc. That is about 66.67 %increment. So if you are not well informed, don't come here to misinform others.

Iseoluwani:


i think its 40% not 66.6%

Level 1-6 gets 66.6% increase

LargeBreed:
please this is very wrong. It is % increase in your salary and not the minimum wage. Eg if you are on level 8 and your salary is 56,000, your new salary will be:
20/100*56,000
ie 0.2*56,000=11,200
56,000+11,200=67,200
New salary is 67,200.
Please if you ain't a mathematician, economist or accountant, do not post misleading calculations.

Don't mind him

miketayo:


You are right about the calculations but wrong about the salaries, a level 9 federal workers gets around 80k-90k

Level 9 officers in health ministry earns above 100k

True,d sent me text

pawesome:
banks said they are gonna be charging wenever u use ussd code

roman1755:
I am an auditor in a federal college of education in the southwest and I can authoritatively say that the percentage is on consolidated salary and not on basic salary. The new salary structure released from NSIWC for staff on level 1-6 around May this year clearly shows that. The figure on GL 1 Step 1 moved from 18k plus to 30k600 naira or thereabout.etc. That is about 66.67 %increment. So if you are not well informed, don't come here to misinform others.

Pls what will be the new Salary for a level 6 officer who is currently earning 58k under Conhess

What annoys me is not all of us work
So why will the tax affect we that don't work
Cos they are increasing everything like say na the full country dey collect minimum wage

Basic

Useless minimum wage

The standard of education in Nigeria has really gone down. I am alarmingly ashamed of what people are commenting on here. Even some of the calculations here are nothing short of hilarious. If your consolidated salary is 119355k, and you are on 16%increment, your new salary becomes 119,355k*1.16=138,451.8k.or 119,355k*16%=19,096.8+119355k=138,451.8

Iseoluwani:


Yeaterday i calculated it using the basic salary but from your point i think it should be 30k. i.e 23% of 30k + basic salary.


humble opinion

Never!

Idaytesj29:


Are you sure?

He is wrong

Dsourcee post=83279452]MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour
The answer from d calculation plus ur basic salary get u d new basic salary + corresponding increase in ( furniture allowance, transport, rent, meal, utility and any other allowances) will now give u d new salary(total earning) less tax and other deduction.

Increment is based on your basic salary
Salary=basic salary + allowances(housing,transport e t c)
Allowances are not taking into consideration in the calculation, it is just basic

pawesome:
so if you earning 35k at level 7,its gonna be 23.3 percent of the 35k?

yes

Dsourcee:
MINIMIN WAGE:
GL7:23.2%; 30,000× 23.2÷100=N6,900
GL8:20%; 30,000× 20%÷100=N6,000
GL9:19%; 30,000× 19%÷100=N5,700
GL10-14:26%; 30,000× 16%÷100=N4,800
GL 15-17:14%; .30,000× 14%÷100=N4,200
Add it to what ever you earn, that's your new Salary. #MinimumWage #Labour

wrong calculation

Is it extended to private workers .

Dsourcee:
MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour

Hmm,it's this type of people that usually say,I gave the teacher marking scheme,but he failed me...This is obviously wrong.

Samakus:
It's no longer news that the organized Labour and Federal Government reached an agreement on consequential adjustment for the implementation of the new minimum wage for staff on levels 7 to 17.

The niggling question is..
If level 7 staff will see 23.3% increment on their salaries due to the new minimum wage as agreed by both parties on Wednesday, will it be calculated with their basic or the total take home for the month (basic plus allowances)?

This need to be cleared to know if this much debated new minimum wage is anything to write home about or not.

can we get opinions on this?

Allowances are in percentages of the Basic Salary. Hence wherever you apply it, (basic or consolidated) the result will be roughly the same.

bareal:


No worry, by the time they fully calculate it, N1,500 will be added to your salary. We go all dey alright

[quote author=Dsourcee post=83279452]MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Very wrong

That is not the actual calculation of the new minimum wage sir.

Dsourcee:
MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour

Cow! your parents should be ashamed of you and your country for this nonsense u did.

Dsourcee:
MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour

6



how genuine is this?
is it 20% of 30k
abi 20%of my basic salary added
or even 20% of 12k thats added on former minimum wage?
so confusing

Dsourcee:
MINIMIN WAGE:
GL7:23.2%; 30,000× 23.2÷100=N6,900
GL8:20%; 30,000× 20%÷100=N6,000
GL9:19%; 30,000× 19%÷100=N5,700
GL10-14:26%; 30,000× 16%÷100=N4,800
GL 15-17:14%; .30,000× 14%÷100=N4,200
Add it to what ever you earn, that's your new Salary. #MinimumWage #Labour

labour....with...there scam

Dsourcee:
MINIMIN WAGE:

GL7:23.2%; 30,000× 23.2÷100=N6,900

GL8:20%; 30,000× 20%÷100=N6,000

GL9:19%; 30,000× 19%÷100=N5,700

GL10-14:26%; 30,000× 16%÷100=N4,800

GL 15-17:14%; .30,000× 14%÷100=N4,200

Add it to what ever you earn, that's your new Salary.
#MinimumWage
#Labour

What about people like me wey dey below level 7 what percentage increase will we experience?

mrvitalis:
U are so wrong

So wrong.

dsourcee:
MINIMIN WAGE:GL7:23.2%; 30,000× 23.2÷100=N6,900 GL8:20%; 30,000× 20%÷100=N6,000GL9:19%; 30,000× 19%÷100=N5,700GL10-14:26%; 30,000× 16%÷100=N4,800GL 15-17:14%; .30,000× 14%÷100=N4,200Add it to what ever you earn, that's your new Salary. #MinimumWage#Labour

this is not true. the calculations is not on 30000 don't mislead people, if you don't know something. you don't have to lead people astray.