An internship is typically a work placement lasting a few months, sought after by recent graduates, who are looking to get their foot in the door of their chosen industry. As an intern, you are entitled to payment if you are working for a commercial or established company. However, in practice it can be a lot more complicated. In this article, we will explore the nature of internships and the debate around pay and work hours.
Receiving a salary or an hourly paid wage can mean two very different things for you. At Boardrm, we believe in supporting you throughout your career. Therefore, we will be explaining the difference and the benefits of both salary and hourly pay.
A payslip is a document issued by your employers that includes all the details about your pay. It itemizes the income you've earned over a period of time before and after deductions and taxes. It's important to review your payslip regularly to make sure you've been paid correctly and to guarantee you've been deducted the right amount.
A tax code is a combination of letters and numbers given to show HMRC how much tax you should be paying. The amount of tax you pay is dependent on different factors which include how much income you have and how much tax you've already paid that year.
Though we wish it wasn't the case, harassment and bullying at work still happens. It could happen to you, or any of your loved ones. In fact, a quarter of UK employees say they have been bullied at work. We're going to tell you a little about what harassment is and what you can do if you are being harassed at work. If you are being bullied or are receiving unwanted behaviours relating to any of the following things, this constitutes harassment.
You've been working hard, and you feel like now is the time to take the next step. Although there's nothing wrong with asking for a pay rise, it can be daunting, so we are here to help.
The 'money talk' around salary expectations and what to ask your employer can be awkward, but it's a critical conversation to have. Check out our top tips for understanding salary trends and knowing what to expect from your salary.