ChatterBank3 mins ago
1930s Wages and bonus
I came across a job offer my Dad received from Bristol Aeroplane Company in 1936.
The terms spelled out were "Rate of 47/- +12/- + bonus per 47 hour week"
The bonus was a fluctuating figure and depended on output but recent earnings stated "have been between 30% and 35% on flat rate".
What was the 12 shillings?. A shift premium perhaps. What was Dad's estimated earnings?
I don't want to think he was holding out on us.
The terms spelled out were "Rate of 47/- +12/- + bonus per 47 hour week"
The bonus was a fluctuating figure and depended on output but recent earnings stated "have been between 30% and 35% on flat rate".
What was the 12 shillings?. A shift premium perhaps. What was Dad's estimated earnings?
I don't want to think he was holding out on us.
Answers
Best Answer
No best answer has yet been selected by oakville. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Your dad's average was 74/4 - 3 pounds 14s 4d.
In 2005 that was equivalent to 168.23
http://www.measuringworth.com/calculators/ppow eruk/result.php?use%5B%5D=CPI&year_early=1936& pound71=&shilling71=74&pence71=4&amount=3.7166 66666666667&year_source=1936&year_result=2005
In 2005 that was equivalent to 168.23
http://www.measuringworth.com/calculators/ppow eruk/result.php?use%5B%5D=CPI&year_early=1936& pound71=&shilling71=74&pence71=4&amount=3.7166 66666666667&year_source=1936&year_result=2005
Thanks Ethel for the information however, I still don't understand what the rate of 47 shillings + 12 shillings means. What is the 12 shillings for?
47 shillings is an rate calculated on a 47 hours work week presumably, but why is 12 shillings (25% more) added.
Then there is a bonus 30% -35% added on top of this.
Any ideas?
47 shillings is an rate calculated on a 47 hours work week presumably, but why is 12 shillings (25% more) added.
Then there is a bonus 30% -35% added on top of this.
Any ideas?
The bonus would have been output. If the company targets were achieved each week the bonus would be paid, in addition to the flat rate of 47/-.
The 12 /- could be a number of things - an enhanced pay for a supervisory role (foreman), or shift work or an additional responsibility or skill your dad had. Or even danger money if the work was in any way hazardous.
The 12 /- could be a number of things - an enhanced pay for a supervisory role (foreman), or shift work or an additional responsibility or skill your dad had. Or even danger money if the work was in any way hazardous.
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