Thread: Tube strike
View Single Post
  #16   Report Post  
Old January 30th 17, 02:56 PM posted to uk.transport.london
David Cantrell David Cantrell is offline
external usenet poster
 
First recorded activity at LondonBanter: Oct 2006
Posts: 1,392
Default Tube strike

On Fri, Jan 27, 2017 at 04:58:36PM -0000, tim... wrote:
"Recliner" wrote in message
...
The RMT fee is quite low:

Monthly

Full Rate - ??20.67 (Basic salary or equivalent earnings is above ??21,100
per annum)


what on earth is equivalent earnings?


Presumably it takes into account overtime pay.

Low Rate - ??8.88 (Basic salary or equivalent earnings is below ??21,100 per
annum)


hell that's quite a marginal "tax" rate at 21,101

14,000%


You'll get things like that anywhere that uses a banded fee structure.

Other unions have more pay bands - mine has five, plus special rates for
members who are unemployed or retired - or just use a %age of earnings.

--
David Cantrell | Godless Liberal Elitist

All praise the Sun God
For He is a Fun God
Ra Ra Ra!