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Hourly to Salaried


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Hi everyone

First post for me. 

Wondered if anyone had any experience of moving from an hourly rate pay to a salaried.  I think this would help us manage our costs and outgoings more efficiently but I have no idea where to start on this process.

Thank you in advance, Gemma

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HI GemSherry,

Welcome to FSF it's lovely to have you here with us :D Well done on making your first post! I've just done exactly what you have suggested and it has taken an extremely long time, but I think (hope) it will be worth it in the end! From memory, this was the process I went through:

  • Researched local area salary scales for the same / similar jobs (so that I knew if my 'ball park figures' were accurate)
  • Worked out what the full time equivalent salary would be if we simply multiplied the hourly rates up (we took 38 hours a week to be 'full time' so the calculation was 38 hours x 52 weeks x hourly rate)
  • Worked out how far off the salary scales my current equivalent salaries were and made adjustments
  • Worked out what I was going to do about sick days / over time / holidays
  • Worked out if I could afford the pay rise required to get the pay differentials right (so that the higher qualified staff were paid more) 
  • Worked out what the new salary structure needed to be to demonstrate and enable career progression
  • Introduced the idea to staff and explained how the calculations had worked
  • 1 term consultation period to address any concerns
  • Meeting to announce our intention to change from 1st April and 'statement of changes' letter for each member of staff

Hope that gives you some ideas

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