Is healthcare assistant a good job?
Gill Coverdale, Royal College of Nursing, Professional Lead for Education, says: “Working as a healthcare assistant can be a highly rewarding career. HCAs need to be cheerful and friendly, caring and kind with good communication skills and ability to work in a team and use their own initiative.
Who gets paid London weighting?
London weighting is an allowance paid to certain civil servants, teachers, airline employees, PhD students, police and security officers in and around London, the capital of the United Kingdom.
Is London weighting mandatory?
It is a statutory minimum and all employers have to pay it to employees over 25 years of age. There is one rate for the whole country with no allowance for the higher costs of living in the capital.
Is London weighting included in salary?
Your London weighting allowance is added to your basic wage that forms your gross salary package which attracts income tax and is subject to national insurance deductions at current rates.
How much is London weighting per year?
London Weighting needs to be almost £7,700 per year in Inner London and just over £6,200 in Outer London to cover additional costs. An initial target should be a weighting reflecting the cost of living in Outer London, since it is the minimum that would allow someone to access a job anywhere in London.
What is the London living allowance?
The London Living Wage is an hourly rate of pay, currently set at £10.85. It is calculated independently to reflect the high cost of living in the capital, giving a worker in London and their family enough to afford the essentials and to save.
What is the inner London allowance?
London allowances have their roots in the 1974 report of the Pay Board, which recommended an extra payment to compensate for the extra costs of living in the capital. This was based on a flat rate for inner London (up to four miles from Charing Cross) and a flat rate for the other London boroughs.
Do you get paid more in London?
Pay in London is much higher than any other part of the country. It pays to be a Londoner – there are more jobs available in the capital than in any other part of the UK, and the average annual wage is much higher. In fact, Londoners earn over £10,000 more (on average) than people in most cities.
Why do inner London teachers get paid more?
School teachers in inner London, can earn substantially more than teachers living elsewhere, with a difference of more than £8,000 per year in some cases. Teachers from outer London and the London fringe also earn slightly higher wages to compensate for the higher cost of living within London.
What is a fringe allowance UK?
Fringe benefits are essentially any type of non-monetary compensation provided to an employee or director at work. Fringe benefits are a type of compensation employers can give employees which is outside of their stated wage or salary. You may have come across the term benefits in kind.
Is Holiday pay a fringe benefit?
Paid holidays, paid sick days and paid maternity leave are other such fringe benefits. Some employers currently offer employees relocation assistance, transportation benefits, child care benefits and legal assistance plans. Employee discounts at hotels, theme parks and theaters are also considered a fringe benefit.
What are examples of fringe benefits?
Some of the most common examples of fringe benefits are health insurance, workers’ compensation, retirement plans, and family and medical leave. Less common fringe benefits might include paid vacation, meal subsidization, commuter benefits, and more.
How are fringe benefits calculated?
To calculate an employee’s fringe benefit rate, add up the cost of an employee’s fringe benefits for the year (including payroll taxes paid) and divide it by the employee’s annual wages or salary. Then, multiply the total by 100 to get the fringe benefit rate percentage.
What is included in a fringe rate?
A fringe benefit rate is the proportion of benefits paid to the wages paid to an employee. The rate is calculated by adding together the annual cost of all benefits and payroll taxes paid, and dividing by the annual wages paid.
What qualifies as a fringe benefit?
A fringe benefit is something that your employer offers you that is above and beyond your annual salary or other wages. These are perks that employers offer in order to attract and retain the best talent. This includes things like health and dental insurance, retirement benefits, bonuses, and paid time off.
What is hourly fringe rate?
Employers will calculate a fringe benefit rate to determine the percentage of an employee’s hourly wage relative to the fringe benefits they receive. That, in turn, allows an employer to see the actual cost of that employee to the company, beyond their base salary/wages.