Ok oo

I don't have a job

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

U are so wrong

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

I thought as much

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

so if the person on grade 8 is collectin 70k so like 5k or so would be added to the person?

Mike22233:
God is good

Hope your mom won and your stupid family members won too.....

Idiotic idiot

23% of your basic salary will be added to your salary for those on level 7

Thank God, I'm not a Nigerian

pawesome:
I still dont understand this minimum wage thing fully


it is actually causing more harm than good
Now banks are going to be charging for transaction done using ussd code...the whole thing is tirey....


Another thing that i wanna ask now is that the percentage increase,are we using 30k to calculate the percentage increase or we using the mothly salary to calculate the increase

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

It is written in plain and clear terms that the addition will be an increment to your consolidated salary. i.e CONPSS, CONMESS, CONRAISS e.t.c What is consolidated salary (in Nigeria)? It is your basic salary + other allowances (meal, transport, hazard e.t.c) compressed into one. I hope this clears the air

https://www.google.com/amp/s/guardian.ng/news/relief-as-fg-labour-seal-pact-on-minimum-wage/amp

Read the link above and get informed.

mrvitalis:

U are so wrong

Very wrong.

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.

i think its 40% not 66.6%

for level 7, if your basic salary is #70k, 23.2% of 70k will be added to your basic salary.. this.. 70,000 + (70,000 x 0.232)= #86,240

enet1:
Most times,salary increase is always calculated on basic salary which will reflect on some other allowances housing,13th month,pension employer and employee remission etc.I am speaking from my personal experience

That is not how they calculate for us.

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

you are actually wrong.

The percentage increase will be calcuted base on the present salaries of the said grade level.


For instance level 7 gross pay is presently around 65 - 70k now 23.3% increase is 14950 and 16100 respectively.


Level 8 present get 100k and above, the percentage increase will be calculated on 100k.

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

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.

wajja:
Please does this increment applies to those working in Banks, Dangote company, Lafarge Holcim, as well as other prominent private organisations? If not, then the NLC is just for government workers and it is bad for fairness and justice.

Very important question because all we face new vat and tax as dey increase them

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

The above calculation is very wrong and should be ignored.

At OP, there is nothing like calculating the new wage based on basic salary. Federal salary, at least, for those of us on CONPSS is consolidated. Whatever percentage increase will be calculated based on your current gross consolidated salary.

Excluding allowance o, it will surely affect the gross income, it means the tax will increase and other compulsory deductions.

wajja:
Please does this increment applies to those working in Banks, Dangote company, Lafarge Holcim, as well as other prominent private organisations? If not, then the NLC is just for government workers and it is bad for fairness and justice.

For the above named companies,they are already earning above minimum wage.

Not net salary it is basic so be ready for statutory deductions.

[s]

Cherrybae:


Very wrong.

[/s]

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

You are wrong! The calculation is the percentage increase on basic salary.

People that even earn that amount do not have basic pay or allowances.

They just have, SALARY.

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

It would be 35k X 123.3%

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

It's 23.2% of your salary not 23% of the minimum wage.
By your calculations level 6 officers will earn more than level 7 officers

seunmsg:


The above calculation is very wrong and should be ignored.

At OP, there is nothing like calculating the new wage based on basic salary. Federal salary, at least for those of us on CONPSS is consolidated. Whatever percentage increase will be calculated based on your current gross consolidated salary.

The thing tire me. I don't know what is difficult here to understand that these people keep on mentioning basic salary. It is BOLDLY written in the circular that the addition is to the consolidated salary.

Myde4naija:
you are actually wrong.

The percentage increase will be calcuted base on the present salaries of the said grade level.


For instance level 7 gross pay is presently around 65 - 70k now 23.3% increase is 14950 and 16100 respectively.


Level 8 present get 100k and above, the percentage increase will be calculated on 100k.

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