Who's getting an inflation based pay rise?
Discussion
t pay for top long loads leaving and very few joining.The service contract for the customer that I do most of my software development work for has an RPI based annual increase written in to it.
This is very useful, but some of that will be swallowed up by additional taxation.
Fiscal drag has also placed a ceiling on how much we want to take from the company as dividends. While the bill rate has gone up, the bill hours have decreased.
I find that my glass is half empty.
This is very useful, but some of that will be swallowed up by additional taxation.
Fiscal drag has also placed a ceiling on how much we want to take from the company as dividends. While the bill rate has gone up, the bill hours have decreased.
I find that my glass is half empty.
Still waiting to find out what we are going to get.
Normally get 2-3% based on performance, I'm usually been at the upper end of that for the last 17 years some reason (plus bigger rises for promotions etc.) Ths year they are making noises about doing something to offset cost of living - I'd be (pleasantly) surprised to if I get more than 5 or 6% despite really strong company earnings...
I could definitely get myself 10-20% more by getting a new job, but I'm certainly not struggling financial and I'm very comfortable in my current role...
The wife on the other hand has had a couple of grand in cash (discretionary payment, absolutely not a pay rise though) to help with cost of living and her pay rise is going to be much more than usual and brought forward to January rather than April...
Normally get 2-3% based on performance, I'm usually been at the upper end of that for the last 17 years some reason (plus bigger rises for promotions etc.) Ths year they are making noises about doing something to offset cost of living - I'd be (pleasantly) surprised to if I get more than 5 or 6% despite really strong company earnings...
I could definitely get myself 10-20% more by getting a new job, but I'm certainly not struggling financial and I'm very comfortable in my current role...
The wife on the other hand has had a couple of grand in cash (discretionary payment, absolutely not a pay rise though) to help with cost of living and her pay rise is going to be much more than usual and brought forward to January rather than April...
What is this “pay rise” thing that you speak of?
I’ve been working for 31 years. During that time, at no company I’ve ever worked for has there ever been pay rises for the rank and file, irrespective of company profits.
At the firm I’m currently with, there hasn’t been any pay increases or bonuses paid to middle management for over ten years.
I’ve been working for 31 years. During that time, at no company I’ve ever worked for has there ever been pay rises for the rank and file, irrespective of company profits.
At the firm I’m currently with, there hasn’t been any pay increases or bonuses paid to middle management for over ten years.
I've never been with a company that has given annual payrises, or if I have, it's been 25 pence an hour or something really insignificant.
I'm changing jobs in January and will see a £9k per year drop in pay, but I'll now get paid 1.5x for overtime and overtime is unlimited (although I don't like to do too much..). And because I'll be doing 15k less miles per year, that and the cost of fuel means I won't be any worse off even on the basic salary really so I'm fine with that.
Whether or not this company do payrises, I'm not sure I'm that fortunate, but we will see.
I'm changing jobs in January and will see a £9k per year drop in pay, but I'll now get paid 1.5x for overtime and overtime is unlimited (although I don't like to do too much..). And because I'll be doing 15k less miles per year, that and the cost of fuel means I won't be any worse off even on the basic salary really so I'm fine with that.
Whether or not this company do payrises, I'm not sure I'm that fortunate, but we will see.
3% pay rise - better than nothing.
However it's the usual time of year working for an American company where we expect a 'restructuring' AKA redundancies. Generally announced just before Xmas or first week of new year. Delightful.
Company profits? Record high ( $3.9bn). Get rid of a few thousand employees to make even more profits? Oh yes.
It's the precipice you walk on when working for some of these giants in the tech world. Higher pay= higher risk. Loyalty and hard work rarely allows you to escape the culls every now and again. They get rid of entire product groups/departments in one go.
In the last 12 years, i've been made redundant 5 times, and usually in Dec/Jan.
To say it puts a dampener on the festive period is an understatement
However it's the usual time of year working for an American company where we expect a 'restructuring' AKA redundancies. Generally announced just before Xmas or first week of new year. Delightful.
Company profits? Record high ( $3.9bn). Get rid of a few thousand employees to make even more profits? Oh yes.
It's the precipice you walk on when working for some of these giants in the tech world. Higher pay= higher risk. Loyalty and hard work rarely allows you to escape the culls every now and again. They get rid of entire product groups/departments in one go.
In the last 12 years, i've been made redundant 5 times, and usually in Dec/Jan.
To say it puts a dampener on the festive period is an understatement
One department (half the company) have now been told there will be no rise to go with the no bonus and we will be expected to work the full day, rather than the usual half day on the last day before Christmas.
And we’ve had no Christmas parties this year either.
It has been a difficult year, but some of the decisions and the way they are delivered shows how much the senior management are detached from the rest of the firm.
And we’ve had no Christmas parties this year either.
It has been a difficult year, but some of the decisions and the way they are delivered shows how much the senior management are detached from the rest of the firm.
Last year I got a 7.5% pay rise, Will find out what this years will be come end March.
But we all got a 2k bonus last month to help with cost of living and we get a profit share bonus every March ( last year was 9k)
I only drive lorries so find these bonus's a nice way to fund my toys.
But we all got a 2k bonus last month to help with cost of living and we get a profit share bonus every March ( last year was 9k)
I only drive lorries so find these bonus's a nice way to fund my toys.
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