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Open ended wide bowls
setavadouring
Jul 7, 2022 07:24
1 yr ago
42 viewers *
English term

Annual review Payment

English Bus/Financial Finance (general)
Hi,
I'm a bit confused about what is meant by "Annual review Payment". Do they mean "annually set/determined salary"?
I'd also appreciate some clarification as to the point above, ideally from someone who's familiar with British employment practices. Am I correct in understanding that the salary of this person could increase after 3 months based on the review? Because the sentence is written in such a way as to make one think that this person "will receive £XX,XXX for 3 months". I mean "per annum" means "per year", right? So he will get £XX,XXX for 1 year, but he will undergo a probationary period of 3 months during that year, and he might receive a higher salary next year (but not during that year)? Thank you.

Basic salary
• £XX,XXX per annum for 3 month probationary period and then to be reviewed
• Annual review Payment made monthly at end of month into bank account
Responses
4 the annual salary payment, as reviewed

Discussion

Luis M. Sosa Jul 8, 2022:
With Daryo, seems to be badly written.
Daryo Jul 7, 2022:
Either something is missing or it has been badly written.

you don't do an "Annual review" after 3 months. You do it once a year, usually counting from the start date of employment.

OTOH you might do a "Review of the annual salary" - at any time.

My guess would be:

-- the initial (/probationary) salary is given as an amount per year

-- the initial (/probationary) salary is paid in monthly equivalents the first three months

-- at the end of the 3 month probationary period there is a salary review and a new annual salary is given

-- after that the salary will be reviewed annually

-- the yearly amount of the salary will be paid in monthly equivalents, for each month at the end of that month.

IOW the typo-free ST should be:

Basic salary
• £XX,XXX per annum for 3 month probationary period and then to be reviewed
• Annual review
• Payment made monthly at end of month into bank account
Paul Ryan Jul 7, 2022:
salary I agree with what I understand Phil's comment to be: there are a number of separate things (1) an initial salary reviewable after 3 months
(2) Salary is annual
(3) Salary is paid in equal monthly instalments at the end of the month.
it's all in the way it is laid out.
philgoddard Jul 7, 2022:
I think it's a typo. "Payment" should be on a separate line, hence the uppercase P. "Annual review thereafter" would be clearer.

Responses

3 hrs
Selected

the annual salary payment, as reviewed

After the 3 months' probationary period, the salary is reviewed
The new salary is then paid monthly
Note from asker:
Thank you! I wish they phrased it better.
Peer comment(s):
neutral philgoddard : I don't think this is correct - see my comment.
1 hr
Either you are correct or "Payment" is incorrectly capitalised
neutral Daryo : wouldn't that mean the salary being paid yearly (once per year)???
5 hrs
The first review after 3 months; the salary is paid monthly
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I believe Phil Goddard is right. There must be a full stop after the word 'review' and 'Payment' should start as the first word of a third bullet point. But your reply was helpful anyway. Thanks. "
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