Pay Rise

With the cost of living crisis, energy bills through the roof, inflation hitting double digits. Who's getting a payrise to match?

 

I've been quite fortunate.

Last Christmas, my employer felt my role was underpaid, and gave me a 3% pay rise.

Then in April, they gave all roles a 5% pay rise.

I also received a bonus for our location being under budget in terms of expenditure for the last 12 months in May too.

 

I’ve been promised one to match CoL but will see come January if that’s been delivered.

 

I look forward to my annual pension rise next April what ever it is going to be

 

8% last month.

 

Pensioners feeble rise of 3.1%. Just watch the Govt fiddle the CPI increase in September which will be the rate applied next April.

 

We had 6% and £500 one off payment to help with cost of living.

 

As an employer in a small business we gave our staff a one-off payment of 4% and a salary increase of 2%.in April when inflation was headlining at 4.5 but quickly became 6% within the same month.
This was to protect the business as we felt we couldn`t spend/commit money we hadn`t already earned. If you work within private industry or in fact the public sector an expectation for your employer to match inflation whatever the figure is likely to be unrealistic - our company`s top line hasn`t increased this year (and in all probability the bottom line will go down because of increased costs).
BTW - my income has not gone up at all.

 

Public sector worker. Next to nothing though there is rumour of a flat £2k increase regardless of your salary. Depends on the unions I guess

 

I got 1.75% in April (following 1% the previous year and 0% the previous 5 years). My husband just got 10% though (private sector) which came hot on the heels of two other significant pay rises. If one was going to increase by X% then it’s better financially that it’s his, although it’d do more for my sense of self worth if it was mine.

 

As an employer my employees' hourly rate is set at just above the 'real living wage'.

Very much dreading their next adjustment, due next month...

 

I think we can conclude that most of us are going to be poorer off in real terms then. Lovely stuff.

 

Same. I think it's £1925 , backdated to April.

Here's hoping.

 

Had nowt higher than 1% for past 8/9 years. Some years got nowt. Expecting same this year. Meanwhile I've seen the CEO's salary go from 140k to 190k, plus bonuses. Sounds about reyt.

 

Now I know what pay rises you're due to get I will raise my prices by 10 percent.
Framing ain't cheap any more, suckers.

 

And an extra day leave from next April I think

 

Given I had zero income due to covid I've had a 5000% pay rise.

 

That equates to zero doesn’t it ?

 

Mathmatically yes.