Drop in Pound-Euro exchange...

Drop in Pound-Euro exchange rate – Marie Curie salaries to be revised upwards ? Dear all, I am sure many of you have been asking this question. Please share your experiences. It regards people who began their MC fellowship in 2015. Of course it depends on your university and your contract. Some employment contracts contain the following clause (or a similar one). This example is taken from my own contract at the University of York: "An exchange rate of 1 Euro = £0.xx GBP will be used [ = to calculate the salary] for the first 12 months of this Agreement and will be subject to change if necessary after this time.” If you are about midway through your MC grant, it might be worth asking your administration to adjust the exchange rate which is used for calculating your monthly salary. Depending on your initial exchange rate, the raise might be up to 20%. This is important not least because if you wait until the end of your fellowship for a final adjustment and then receive a big lump sum, you will be likely to pay higher taxes. Please share your experiences, I am sure many of you will be interested in this question. Best, Stefan