PMP Pay slips
Do you wish to know how much you’ll be paid and how often as an employee? Well, look no further, all you need is to get a detailed written statement from your employer which is known as PMP Pay slips.
These payslips are an HMRC mandate followed by all the employers to issue their employees PMP Pay slips on a weekly or monthly basis. As per the Payment of Wages Act, 1991, every employee needs to obtain their PMP Payslips in order to know the details of their gross salary and necessary deductions made.
The PMP (Project Management Professional) Pay slips are issued in both online and offline mode and are identified to be the most reliable and original salary waging statement. Now-a-days the Project Management Professional Certification is in much demand in the corporates for the project managers to be PMP certified.
What does your PMP Pay Slips detail about?
PMP Pay slips give you details about:
when and how you should be paid by your employer:
The day or date of your payment —such as each Friday, or the last working day of the month.
The mode of your payment such as in cash, by cheque or directly to your bank.
PMP Pay slips are usually contained in the contract of your employment. This is a summarized waging document which discloses you details such as how much you will be paid, at what intervals, within two months of beginning work.
Know your work statusWhether you’re
- Agency worker
- Employment agencies
- Continuous employment
- Employment status
- Fixed-term workers
- Migrant workers
- Temporary lay-off
Employment contract conditions like:
- Changes to employment conditions
- Breach of contract
- Employment contracts
- Employment rights for young people
- Work relocation
- Written statement of employment particulars
How to Register PMP Pay slips?
- Company Name
- Your date of birth
- National Insurance Number
- Post code
- Enter a new password
- Confirm password
If you’re registering for the first time, register it in your local branch. You need to fill the following details online:
After filling up the above details, you will be successfully registered in order to obtain your PMP Pay slips online.
Who doesn’t need to have PMP Pay slips?
Independent employees such as:
- Police service member
- a merchant seaman, a crew member or master working in share fishing and paid only by a share in the profits or gross earnings of a fishing vessel
What does your PMP Pay Slips contain?
Every waging statement must consist the following details:
- Gross wages—Your wage amount before any deductions.
- The separate amount of any fixed deductions (like subscriptions of a trade union) or the aggregate of these deductions if you are provided with a ‘standing statement of fixed deductions’ such as:
- The separate amount of any variable deductions such as tax.
- Net wages amount (this is the aggregate after deductions).
- Amount and method for any part- wage payment (such as individual cash payment figures and the balance credited to a bank account).
Your PMP Pay slips might contain additional information which is not required to be provided by your employer such as:
- Tax codes—on which basis an employee is taxed
- Pay rate(either hourly or annually)
- National Insurance number—stating the eligibility of an employee to work in the U.K. which also qualifies for getting entitlements like a pension in future.
- Payroll number—declaring the identification of an employee
- Additional expense either taxable or non-taxable such as lunches travel cost.
- Additional payments such as tips or bonuses, overtime, which might be shown individually
- Amount of pension if the workplace pension is payable by the employee, which later on be benefitted to him/her.
- Student loan repayment if paid previously.
- Other maintenance of deduction charges such as sick pay, maternity, paternity or adoption pay, child maintenance etc.
What to do when fixed deductions aren’t mentioned in your PMP Pay slips?
Ask your employer to provide you with a standing statement of fixed deductions if fixed deductions aren’t mentioned in your PMP Pay slips. Your employer will provide you with the statement:
- In writing
- Specifying the amount and intervals at which the deduction is made
- Containing the description or the purpose of deduction
- before your very first pay slip with the fixed deductions
- updated at least every 12 months
In case any changes that carry an impact on your fixed deductions, it is the duty of your employer to provide you with a written notice of such change or an amended statement.
What to do if you’re facing any problems with PMP Pay slips?
If you’re facing any problem relating to your PMP Pay Slips, speak to your employer first in order to sort out this problem informally. You could also seek help from an employee representative or a member of a trade union.
If this doesn’t work out, you might approach with an application to an Industrial Tribunal.
If you didn’t get your full pay, then you should check your pay slip and contract of employment in order to know the reason for not being fully paid.
What are the Benefits of PMP Pay Slips?
PMP Pay Slips offer several benefits to the employees:
- PMP Pay Slips are a legal, reliable and authenticated waging statement that gives you an assurance of wages process.
- PMP Pay slips offer a fully protected data of each employee individually which can be accessed at any point in time.
- PMP Pay slips offer proof of a regular employment of an employee. These slips can also be presented as a supporting document at any financial institutions such as banks, mortgages etc.
- PMP Pay slips provide financial support and benefits to every employee individually more accurately and quickly.
- PMP Pay slips are a supporting document which can be presented at the time when an employee makes a switch to a much better career as these slips also highlight the professional competence of an employee.
Why investigating your PMP Pay Slips time-to-time are necessary?
Whilst PMP Pay slips are a protected statement yet also requires a constant check in order to make it secured. The frequent checks will help to make cross verification with the bank statements in order to tally the figures shown in the form P60 at the end of the tax year with the figures as prescribed in the payslip.
Upon cross-verification, if some unauthorized deduction from wages comes under scrutiny then the complaint could also be logged to the Workplace Relation Commission (WRC) as directed by Payment of Wages Act 1991 under HMRC. The filing of complaints should be made within 6 months from the date of such deductions.
To Sum up,
It is the standardization of wage statement which designates the salary distribution criteria along with authenticated tax deductions as per the HMRC directives becomes a part of the Project Management Professional (PMP)payslips.
Moreover, the PMP Pay slips disclose the employees to have their earnings in a secured and licit way.