ABSTRACT
Operative Basic Wages: 46.2 weeks 363.48 £16,792.78 273.39 £12,630.62 Extra Payments: Where applicable - - - Sub Total: £16,792.78 £12,630.62 National Insurance: 12.80% above ET
(46.2 wks @£100.00pw)
£1,558.12
£1,025.36 Holidays with Pay: 226 hours 9.32 £2,106.32 7.01 £1,584.26 Welfare Benefit: 52 stamps 10.90 £566.80 10.90 £566.80 CITB Levy: 0.5% of 18,899.10 £94.50 14,214.88 £71.07
Annual labour cost: £21,118.52 £15,878.11
Hourly Base Rate: Divide by 1802 hours £11.72 £8.81 Rate (£) Craft
Operative Rate (£) General
Operative Basic Wages: 46.2 weeks 401.70 £18,558.54 302.25 £13,963.95 Extra Payments: Where applicable - - - Sub Total: £18,558.54 £13,963.95 National Insurance: 12.80% above ET
(46.2 wks @£105.00pw) £1,784.07
£1,195.97 Holidays with Pay: 226 hours 10.30 £2,327.80 7.75 £1,751.50 Welfare Benefit: 52 stamps 11.00 £572.00 11.00 £572.00 CITB Levy: 0.5% of 20,886.34 £104.43 15,715.45 £78.58
Annual labour cost: £23,346.84 £17,562.00
Hourly Base Rate: Divide by 1802 hours £12.96 £9.75
Note:
(1) Standard working hours per annum calculated as follows: 52 weeks @ 39 hours 2028 Less \ hours annual holiday 163 hours public holiday 63 Standard working hours per year 1802
(2) It has been assumed that employers who follow the CIJC Working Rules Agreement will match the
employee pension contributions (part of welfare benefit) between £3.00 and £10.00 per week. Furthermore it has been assumed that employees have contributed £10.00 per week to the pension scheme and £1.00 per week for life insurance.
