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chocoholic2
- Posts: 90
- Joined: Sun Jul 21, 2013 10:32 am
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Hi everyone -
Had my 3yr review recently and all went well...due to the restructure of my job I've been given a small promotion - approx £50 per month, I will also receive a small lump sum, maybe a couple of hundred pounds, as my pay rise does not increase my wages by 5%....Will the lump sum be paid over to my iva as well as my pay rise? Any overtime is paid over on the 10/50/50 basis, but I'm not sure about pay rises as I've not had one since my iva started.
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MerlinL14
- Posts: 1626
- Joined: Sun Oct 30, 2011 2:44 pm
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I would have a quick word with your IVA company. I had a similar situation and was told that i could keep the lump sum (it was £120) and the wage increase would be calculated with my next review, this was 1 month after a previous review. I was more than happy with the outcome, on my next review the wage increase was eaten up with higher utility bills and I ended up with the same payments as the previous year.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
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chocoholic2
- Posts: 90
- Joined: Sun Jul 21, 2013 10:32 am
- Location:
I'll definitely be forwarding my pay slip to my IP - it should all appear in my pay at the end of Aug..just wondered if the small lump sum would complicate things
Last edited by
chocoholic2 on Thu Jul 31, 2014 6:44 pm, edited 1 time in total.