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Nairaland Forum / Nairaland / General / Career / How To Calculate Your New Salary Based On New National Minimum Wage: Photo (137323 Views)
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Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by feldido(m): 7:53am On Apr 23, 2019 |
It's simple. Just multiply: Old salary by 1.66666666666 Example: 18,000 X 1.66666666666= 30,000 25,000 X 1.66666666666= 41,666.67 Meaning the new minimum wage is 66.7% increase. |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by chygoz3(m): 7:53am On Apr 23, 2019 |
walex2: Your calculation is wrong. Percentage increase is ((30000-18000)/18000) * 100 |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by abbasajao(m): 7:56am On Apr 23, 2019 |
walex2: Is you that need to work on your statistical skill. Percentage increament= 12000/18000*100 1 Like |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Andyg: 8:00am On Apr 23, 2019 |
QuickStandard:Not true. base on ur calculatin, some one on 18,500 will earn 25*18500/100= 462500/100= 4625+18500= 23125 wich is below minimum wage |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by engrlarex(m): 8:00am On Apr 23, 2019 |
Ur mathematics teacher should be arrested. 30000/18000= 1.667 1.667-1= 66.7%. If u did mathematics in your jamb, that is the faster method to work on percentage. walex2: 1 Like |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Nobody: 8:02am On Apr 23, 2019 |
femi4:You mean the increment from 18k to 30k, which is 12k is 66.7%. go back to money in primary school mathematics book 4 and learn cost price and selling price formula. Which is increase/new price* 100 |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by KBdownloads(m): 8:03am On Apr 23, 2019 |
See these stupid nigerians calculating rubbish up and down, who told u minimum wage must affect your salary? It will only affect you if you earn below 30k |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Nobody: 8:03am On Apr 23, 2019 |
abbasajao:It is over 30k, the new price |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by femi4: 8:04am On Apr 23, 2019 |
Pandsho:Don't fight it Sp -cp/cp use google if in doubt I pity the next generation of scholars this country is producing. He's even insulting me 1 Like
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Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by UtuokeAlcoholic: 8:05am On Apr 23, 2019 |
walex2:Guy are you serious or you are only talking in jest? 2 Likes |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Immarocks(f): 8:07am On Apr 23, 2019 |
please... does this increase include people working in private companies? |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by dbelovd(m): 8:08am On Apr 23, 2019 |
walex2: Lol!... You will need to do the calculation again o. Even if you cut the fraction 12000/18000 to the lowest term you'll have 2/3 and that is 0.67 |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Cool83(m): 8:10am On Apr 23, 2019 |
jujunaty:chairman, no matter what you earn. new minimum wage will definitely be effected on your salary, minimum wage is the benchmark for calculating all the allowances, but there might be little reduction in percentage for the senior staff 1 Like |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Cantonese: 8:11am On Apr 23, 2019 |
mmb: Thanks |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by EvilMetahuman: 8:16am On Apr 23, 2019 |
Officialgarri:abi o na his type of teacher dey make student hate math with Irrelivant x and y |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Originakalokalo(m): 8:16am On Apr 23, 2019 |
asuustrike1: Thank you sir. |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by petersos(m): 8:17am On Apr 23, 2019 |
walex2:You are wrong Mr Man. divide the increase by the original number and multiply the answer by 100 The increment is 12000, while the original number is 18000. The man is correct bro 1 Like 1 Share |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Originakalokalo(m): 8:21am On Apr 23, 2019 |
GreatResearcher: If he doesn't exist, you should not be this pained. Die first. You will know if he exists or not. |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Jdbrasco2: 8:23am On Apr 23, 2019 |
All things being equal, I agree with the OP. New salary = Current salary multipled by (5/3). That is a 40% increment. My justification is what i call "Mathematical Proportion". |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Predstan: 8:39am On Apr 23, 2019 |
Pandsho: Lol.. so 40percent of 18 is 12? Are you saying 12/18 is 0.4 Bring out ur calculator bri 2 Likes |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Niceman4u(m): 8:39am On Apr 23, 2019 |
nullboss: easy o o! this ur anger induced grammar can send that guy to his early grave. Men are not smiling!! |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by DisGuy: 8:52am On Apr 23, 2019 |
SMH ....so all these months or years NLC have been canvassing for a new minimum wage agreement, the actual workers or citizens on the streets didn't know the real details of what was being negotiated? The minimum wage negotiations unlike the previous one only affect those on the lower cadre not all workers Make una dey read better newspapers and follow proper channels not social media noise |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by omeke12(m): 8:53am On Apr 23, 2019 |
walex2:.. he is correct bro..it is 66.7% .. |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by skelewu404(m): 8:57am On Apr 23, 2019 |
easzypeaszy:u hammer ontop 125k? poverty is disease well at least its legitimate money |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by tciro: 9:02am On Apr 23, 2019 |
Na wa ohh jujunaty: 1 Like
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Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Mcanie: 9:08am On Apr 23, 2019 |
you need to know your basic and tax to know your new salary. (40% of basic salary + previous basic - tax) + allowances - other deductions = new salary. Previous salary =(previous basic - tax) + allowance - and other deductions. |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by ngkman: 9:08am On Apr 23, 2019 |
Chai... with all these una calculations and percentage wahala, me wey no like maths before don lost, abeg wetin una dey discuss, 1 Like |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by Magic1: 9:10am On Apr 23, 2019 |
walex2: Na wa for u o. You got the formula right but got the answer wrong. It’s 66.7% |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by urose93(f): 9:14am On Apr 23, 2019 |
walex2:< Bros, your statistical sence is appalling. please just humble yourself and learn, don't proof more catholic than the Pope. 30k - 18k = 12k %increase = 12/18*100 = 66.6666666% =67% 1 Like |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by tciro: 9:15am On Apr 23, 2019 |
To me this does not warrant long permutations 30,000-18,000 = 12,000 Current salary by mr A is 15,000 15,000+12,000 = 27,000 Or 30,000 - 18,000 = 12,000 12,000/18,000*100 =66.7 66.7/100*18000= 12,000 Current salary by mr A is 15,000 15,000+12000= 27,000 Na thesame thing |
Re: How To Calculate Your New Salary Based On New National Minimum Wage: Photo by obstead200(m): 9:16am On Apr 23, 2019 |
Officialgarri:but it is not even true. Buhari said it clearly that the salary increase would not necessarily be proportional, and it won't apply automatically to every civil servant. Infact, in his words, only those not presently on the new minimum wage, and (by implication) including those whose present salary might place them at par with people junior in rank to them when the new minimum wage is effected should expect to benefit from the new wage, for now. |
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