Action that harms the innocent 3

March 19, 2004

Discuss: A 3.44 per cent increase backdated to August 2003 is added to lecturers' pay packets in June 2004. Calculate the actual value of the award in percentage terms to an individual currently at the top of Lecturer B scale (around £34K) taking into account (a) discounting on a monthly basis assuming an available annual interest rate of 4 per cent and (b) the effect of higher-rate taxation on the greater part of the lump sum paid as arrears.

(You may attempt "either" this question "or" Question 1. "Why industrial action?" but not both.)

Ann Edwards
University of Kent

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments