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Can anyone tell me the Manager bandings for S&C?
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Can anyone tell me the Manager bandings for S&C?
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Rising Star
You don't do anything. It just appears in your pay packet.
It is not subject to pension nor is it bonusable so the maths might throw you initially. The good news is that makes it appear bigger in cashflow terms.
Perfect thank you!
The latter question: whatever contract you sign to become a L7 will have your terms and conditions in it.
You will get a new contract when you become L7 in UK tech as your terms and conditions change (i.e you lose overtime entitlement but your holiday allowance goes from 25 to 30 days). It took about a month for mine to come through back when I made L7 5 or so years ago, I expect with the current mess our internal functions have become you will probably wait longer...
The first question: surely there’s a L7 or higher that you trust to ask? Maybe ask your people lead?
You’ll receive car allowance in salary every month after tax deduction
Pro
Car allowance is taxed. It is non-pensionable income, IIRC
Worth noting even if you get a car you still get paid it, no idea why it gets called a car allowance really.
Its a bit of history. UK had a regulation in 20th century to mandate employers to either provide car allowance if your job requires to travel or a company paid car. HR systems carried the nomenclature even after the regulation went away.
Now its just a smart way of giving you salary but not making it count towards bonus eligibility. They can however call it anything else and nobody would bat an eye
Congrats OP!! What’s your new L7 salary? I have been reading comments on the main bowl about new salaries and interested to see UK examples
Are you in S&C?
You wouldn't get a new contract to sign. Your notice period remains unchanged as L7. Only moves to 3 months at L6.
I was promoted to L7 this round and I’ve just received updated “terms and conditions” to sign. Guess yours will come through soon, if it hasn’t already
What is L7 base offered to you?