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 Post subject: minimum wage
PostPosted: Tue Dec 03, 2019 8:04 pm 
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With both the Tories and Labour saying they are going to increase the minimum wage to at least £10.00 per hour, how many Councils will agree to increase fares to enable drivers to actually earn that much?
The increase is just short of 22 %.

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 Post subject: Re: minimum wage
PostPosted: Tue Dec 03, 2019 8:12 pm 
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grandad wrote:
With both the Tories and Labour saying they are going to increase the minimum wage to at least £10.00 per hour, how many Councils will agree to increase fares to enable drivers to actually earn that much?
The increase is just short of 22 %.


So what would be the required fare level, then?

Whereabouts on the PHTM tables, approximately?

https://www.phtm.co.uk/newspaper/taxi-f ... gue-tables


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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 1:13 am 
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grandad wrote:
With both the Tories and Labour saying they are going to increase the minimum wage to at least £10.00 per hour, how many Councils will agree to increase fares to enable drivers to actually earn that much?
The increase is just short of 22 %.

Be interesting to see how councils refuse to raise fares to ensure, at the very least, that taxi drivers earn the minimum wage.

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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 11:01 am 
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Location: Stamford Britains prettiest town till SKDC ruined it
FFFFFFFFFFForget the PHTM tables they are useless and incorrect

there used to be an AA formula for calculating vehicle operating costs which was far more accurate

The thing above all else is we are self employed therefore we do NOT have fixed hours so the hourly rate of NMW doesn't apply

the calculation should be 35 x 10.00 = 350 minus tax and national insurance which would be approx £3100 assuming standard tax code which = £15100

so assuming a conservative 48 hours that is £6.05 per hour plus vehicle operating costs which would probably approximately £3 an hour

So £9.00 an hour over 48 hours or about £7.25 based on a 60 hour working week

Now to test how bad or good you lot are at maths spot the deliberate mistake :badgrin: :badgrin:

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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 12:00 pm 
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Quote:
The thing above all else is we are self employed therefore we do NOT have fixed hours so the hourly rate of NMW doesn't apply

Some will say, and IMO for good reason, that many of those on circuits are not self employed.

But are you saying we should base our finances on working 70/80 hours a week?

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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 2:52 pm 
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edders23 wrote:
FFFFFFFFFFForget the PHTM tables they are useless and incorrect

there used to be an AA formula for calculating vehicle operating costs which was far more accurate

The thing above all else is we are self employed therefore we do NOT have fixed hours so the hourly rate of NMW doesn't apply

the calculation should be 35 x 10.00 = 350 minus tax and national insurance which would be approx £3100 assuming standard tax code which = £15100

so assuming a conservative 48 hours that is £6.05 per hour plus vehicle operating costs which would probably approximately £3 an hour

So £9.00 an hour over 48 hours or about £7.25 based on a 60 hour working week

Now to test how bad or good you lot are at maths spot the deliberate mistake :badgrin: :badgrin:
Standard tax code is 1250L or £12,500 per year.

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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 7:29 pm 
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Sussex wrote:
Quote:
The thing above all else is we are self employed therefore we do NOT have fixed hours so the hourly rate of NMW doesn't apply

Some will say, and IMO for good reason, that many of those on circuits are not self employed.

But are you saying we should base our finances on working 70/80 hours a week?



If you read my post I was suggesting a 48 hour week to base the calculations on :wink: or 60 if you are a grafter

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 Post subject: Re: minimum wage
PostPosted: Wed Dec 04, 2019 8:35 pm 
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Quote:
If you read my post I was suggesting a 48 hour week to base the calculations on :wink: or 60 if you are a grafter

I do get where you are coming from, but why should our trade have to work 48 hours to get what the government says is the minimum for working 37 hours a week?

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 Post subject: Re: minimum wage
PostPosted: Thu Dec 05, 2019 7:39 pm 
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Sussex wrote:
Quote:
If you read my post I was suggesting a 48 hour week to base the calculations on :wink: or 60 if you are a grafter

I do get where you are coming from, but why should our trade have to work 48 hours to get what the government says is the minimum for working 37 hours a week?



because for us work has peaks and troughs we have to be available at times when customers need us and 48 is the level set by the working time directive is it not

it's not as if we work in an office where there is a pile of stuff waiting on your desk and you crack on with it

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 Post subject: Re: minimum wage
PostPosted: Fri Dec 06, 2019 2:24 am 
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Quote:
because for us work has peaks and troughs we have to be available at times when customers need us and 48 is the level set by the working time directive is it not

It's the maximum, not the normal. That's 37 hours (ish).

Thing is most of us work more than 48 anyway, as most of us have too.

That's my point, we shouldn't have to.

Our trade is far too cheap during unsocial hours. Punters moan about Uber's surge, but it does the trick.

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