The annual salary for a Band 3 on the 2nd & final paypoint is £21,776. This is £1,814.69 every month before deductions. A person on this NHS pay point will pay £122.12 a month of National Insurance, £128.84 a month of pension and £127.67 a month Tax. This makes their net (take home) pay £1,436.05 a month.
What is pay Band 3 in India?
Salary in Pay Band- 3 (15600-39100) Grade Pay 7600: Starting Basic pay: Rs. 15600. Last Basic pay: Rs. 39100. Corresponding 7th Pay Commission Rationalised Entry Pay of this pay scale: 78800.10 nov 2021
How much is Band 3 in the NHS?
NHS Pay Band (paypoint) + 3% Payrise (21/22) Total Per Hour (& Net)
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Band 2 (2nd and Final) £19,917 £10.19 (£8.34)
Band 3 (1st) £20,329 £10.40 (£8.48)
Band 3 (2nd and Final) £21,776 £11.14 (£8.81)
Band 4 (1st) £22,549 £11.53 (£9.06)
What is a band 2 salary?
A pay band is sometimes used to define the range (band) of compensation given for certain roles. ... The next level/classification of a group of similar jobs would include increased responsibility, and thus a higher pay band (e.g. Band 2 = $13–21 per hour).
What is the pay band scale?
Pay Band is a pay scale according to the pay grades. It is a part of the salary process as it is used to rank different jobs by education, responsibility, location, and other multiple factors. 'Pay' in the pay band means the pay drawn in the running pay bands.
How many pay bands are there?
Job performance is decided by an employee's supervisor. Pay Banding is often implemented by compressing the GS's 15 grades into four or five Pay Bands. These pay bands typically range from GS-1 to GS-5, GS-6 to GS-11, GS-12 to GS-13 and GS-14 to GS-15. Each pay band has a minimum and maximum pay.
How are pay bands determined?
The salary range is determined by market pay rates, established through market pay studies, for people doing similar work in similar industries in the same region of the country. ... The salary range for executive-level positions is normally the largest. The salary range for lower-level positions is normally the narrowest.29 jul 2020