ARIC
Member
- Joined
- 7 Mar 2019
- Messages
- 51
Ah ok, I hadn't seen anyone suggest that, I've only seen the suggestion of 4+4% being the equivalent of a 6.08% increase over a two year period, which is correct.I never said 4% + 4% was the same as 8%.
I was saying that the base salary at the end of year 2 was 8.16% higher than present, not 6.08% as had been suggested.
The base salary at the end of the period is what would be used as the basis for any future pay claims, so it is important that we're clear what it would be, rather than counting in cash terms over a specific 2-year period.
I don't think I've seen anyone in doubt about the figure at the end of that period, but looking at those conditions, it's more an issue of what figure will be used for redundancy packages than future pay deals, so yes, very important!