Mark Time Use Case
In this example, the employee receives an annual salary of £20,000 and a shift allowance of £4,000.
- Half way through period 2, their shift allowance ends. Their pay becomes protected to the value of £24,000 (£2,000 per month).
- In period 4, they receive a pay rise; their new salary is £21,000 per year.
- Half way through period 5, they become eligible for a qualification allowance of £3,500 per year. The qualification allowance is a designated allowance that reduces mark time.
The following table shows how this would be calculated and reported.
| PERIOD | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Salary | £1,666.67 | £1,666.67 | £1,666.67 | £1,750.00 | £1,750.00 | £1,750.00 |
| Shift Allowance | £333.333 | £166.67 | 0 | 0 | 0 | 0 |
|
Qualification Allowance |
N/A | N/A | N/A | N/A | £145.83 | £291.67 |
| Protected Pay | N/A | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 |
|
Mark Time Amount |
N/A | 166.67 | £333.333 | £250 | £104.17 | 0 |
| Total | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,041.67 |