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Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? - Career (4) - Nairaland

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by lookmangiw(m): 5:54pm On Oct 19, 2019
bobbybrown007:
so if the person on grade 8 is collectin 70k so like 5k or so would be added to the person?
grade level eight does not collect 70k, they collect less than 50k in Lagos state here. It is just pathetic.

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by osato45: 6:07pm On Oct 19, 2019
miketayo:


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

The salary scale for a level 9 fg worker varies depending on their salary scale (conpss, contiss, conhes, conrais, etc), but the least earns about 59k

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by buggylord(m): 6:08pm On Oct 19, 2019
mrvitalis:

U are so wrong
. this is just what will be added to the basic.. You didn't calculate the triple effect on other items on the pay cheque

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by worldphilip(f): 6:08pm On Oct 19, 2019
Let me air my mind on the issue of consequential salary adjustment trending on social media.
Federal Government & labour Agreement
GL 07- 23.2%
GL 08- 20%
GL 09- 19%
GL 10-14 = 16%
GL 15-17 = 14%
Let us be guided by principles and facts. The consequential adjustment should be as follows.
Formula: Gross Pay B4 MW X % increase= salary adjustment

I.e Gross Earnings B4 tax = Gross Pay + Salary Adjustment

Example 1
For an officer on GL 09 Step 8
GP X 19/100= Salary Adjustment

I.e #77,463.46 X 19/100= #14,718.06

Gross Earnings (G.E)= G.P + S.A

G.E =#77,463.46+#14,718.06= #92,181.52

Gross Earnings/Gross Pay= Salary B4 tax.

I hope it will help you understand better.

Thank you Nigerians. Uwa Philip B.SC.Ed, M.Ed & Ph.D Education Planning in view.

3 Likes 1 Share

Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by miketayo(m): 6:11pm On Oct 19, 2019
OyiboOyibo:
Level 9 officers in health ministry earns above 100k

Health and environmental department collect hazard allowances so theirs r higher than others.
There basic salary is the same though
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by miketayo(m): 6:12pm On Oct 19, 2019
osato45:


The salary scale for a level 9 fg worker varies depending on their salary scale (conpss, contiss, conhes, conrais, etc), but the least earns about 59k

True
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by uniquelyspecial(m): 6:16pm On Oct 19, 2019
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
Just wondering how this makes sense?
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by lumzybo: 6:22pm On Oct 19, 2019
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
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Wolexyoshi(m): 6:22pm On Oct 19, 2019
Please don't get yourselves confused.
Minimum wage is the money you earn at the end of service rendered, might be weekly or monthly.

Before now, 18,000 is the minimum wage in Nigeria and that is what Grade Level 01 earned in Civil Service.

Now that it is being increased to 30,000, that is what the lowest level in Nigeria which is Grade Level 01 will earn.

66.6% is the increment.

Here is how the calculation is.

18,000/100 = 180
180*66.6 = 11,988

For someone in Grade Level 01
18,000 + 11,988 = 29,988 (New Wage)

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Felix6: 6:27pm On Oct 19, 2019
lexxybb:
It is based on the gross pay. If you look at the percentage increase between 18k to 30k, it is 66.6 percent. So level 1 to 6 will be calculated based on the 66%. Other levels will be based on the percentage agreed upon.
you say wetin
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by breezeng: 6:37pm On Oct 19, 2019
[From my own little experience, Basic is your salary without alowances like hosing, transport etc. The gross is basic with allowances. So, if they calculate it with basic, it's worthless.

quote author=Iseoluwani post=83279556]reasonable and augmentative thread like this, you wont see yoot coming here to iron it but when u see thread of BBnaija and useless others... they will rush[/quote]
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Peacecoy19: 6:44pm On Oct 19, 2019
ibechris:





That is not how they calculate for us.
. 30k is the new minimum basic in the public service salary scales

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Olakinsdotcom(m): 6:49pm On Oct 19, 2019
pawesome:
ok....i now understand
You better don't understand anything from that statement...He is clueless of what he was saying the calculations is not base on that.

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Omotakins(m): 7:09pm On Oct 19, 2019
OyiboOyibo:


Pls what will be the new Salary for a level 6 officer who is currently earning 58k under Conhess
71k plus

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by mrvitalis(m): 7:15pm On Oct 19, 2019
buggylord:
. this is just what will be added to the basic.. You didn't calculate the triple effect on other items on the pay cheque
U are wrong
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by gr8tone: 7:16pm On Oct 19, 2019
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.


You are right but you forgot to say that vat, tax, will be deducted

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Soradex: 7:17pm On Oct 19, 2019
The pic below looks more like it

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by etinanguy(m): 7:17pm On Oct 19, 2019
miketayo:


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

A level 8 officer on conraiss in federal earn from 100k above.... talking from experience.
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Teebabami(m): 7:20pm On Oct 19, 2019
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?

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Poorboy: 7:26pm On Oct 19, 2019
etinanguy:


A level 8 officer on conraiss in federal earn from 100k above.... talking from experience.
which Agency?
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by emmyskies(m): 7:27pm On Oct 19, 2019
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
How much would NYSCorp members take home since we're not on Federal Government salary scale
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Legendguru: 7:28pm On Oct 19, 2019
FG are like snakes they crawl
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by fortunejum: 7:31pm On Oct 19, 2019
Minimum wage consist of basic+housing,+ transport, +utility+meal subsidy and then divide the total by the percentage of your level.
Minimum wage (basic,housing ,transport, utility, meal subsidy)divide by 20% (if you are in level 7). The answer is what is added to you.
See attached below

Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by juddybrown(m): 8:05pm On Oct 19, 2019
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
God forbid,tufiakwa
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by thedio(m): 8:33pm On Oct 19, 2019
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
see otondo mathematician
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by urose93(f): 8:36pm On Oct 19, 2019
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

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Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by OyiboOyibo(m): 8:38pm On Oct 19, 2019
Omotakins:
71k plus
OK thanks
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by OyiboOyibo(m): 8:40pm On Oct 19, 2019
Omotakins:
71k plus


But I heard that Confess 6 in health ministry is equivalent to level 7 in other ministry
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by urose93(f): 8:44pm On Oct 19, 2019
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.



Your calculations is misleading as well. Very wrong
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by etinanguy(m): 8:48pm On Oct 19, 2019
Poorboy:
which Agency?
National institute for hospitality and tourism
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Priest111(m): 8:53pm On Oct 19, 2019
Nigerians Are So Damned With This
Re: Minimum Wage: Is The New Agreed Percentages For Basic PayOr Net Salary? by Oluwabusobomi(f): 9:16pm On Oct 19, 2019
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 can u clearly differentiate between consolidated salary and basic salary especially for someone under CONTISS

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