Who's getting an inflation based pay rise?

[Kiwi79]

Curious what proportion of people get an annual pay rise and if this year it's increased due to inflation.

I work for a large IT company who flat out don't do annual payrises so every year unless you get promoted your real world pay takes a haircut. Obviously this year it's particularly noticeable but our industry has seen redundancies so I think the snr management think against that backdrop there is no need and folks will be retained.

Are you getting a pay boost? 2-3% or inflation matching 10%+

[MDMA .]

I get a flat 3% year on year. The big difference will be what Decembers bonus will be. Better be bigger than last year. We’ve had a record year Will find out in 2 weeks.

[frank hovis]

3% , first raise in about 4 years
Found out on Monday morning they are cutting our bonus percentage by 5% next year as our overall package has been deemed to be too much !

[Rampant Golf]

I'm getting an inflationary pay rise in April but they gave us 5% of it in October to cover the cost of living crisis. Very welcome and forward looking by the company.

[Alias218]

I’m very fortunate in that I’m receiving a 14.2% pay raise this year, on top of a 5.15% raise last year.

Absolutely appreciate that this is very much the exception.

[marksx]

I got a one of cost of living payment equivalent to 4%
It's a flat payment for everything though so some will be a lot higher % which is nice and a great gesture. Not sure what actual payrise will be though, that will be April.

[Acorn1]

I wish!

[Downward]

NHS £50 a month pay rise April 2022. Pension contributions increased by £40 October 2022. £10 up.
Pension goes up again April 23 by £40 again.

Luckily every bill has gone up too, Infact gas and electric have trebled…

[Geffg]

Downward said:

NHS £50 a month pay rise April 2022. Pension contributions increased by £40 October 2022. £10 up.
Pension goes up again April 23 by £40 again.

Luckily every bill has gone up too, Infact gas and electric have trebled…

Not all NHS get the pension increase. Depends on your contract. The new gender for change contracts are different. The most the nhs pay into pension is matched if you put 6% in they put 6% which is decent compared to a lot of companies though.

[stevemcs]

Payrise ? whats one of those?

[Glade]

My company:

Everyone on lowest salaries being brought to £1 more than living wage.

Then the company average is 5%.

We've been "benchmarked" and if you are above there has to be mega reasons to get more, but it's possible.

If you are below you should have over the average to bring you up to benchmark.

The managers have a "pot" so they generally achieve this by reducing the % for those over the benchmark to give it to those under.

There is an additional pot for boosting the lowest earners in a group.

So far I have seen some people getting 7.5% and some getting 3%.

I suppose it is fair, I just hope they have benchmarked correctly because I've seen that go wrong before and there was a mass exodus.

Edited by Glade on Tuesday 13th December 21:03

[snoopy25]

2% pay raise.....pretty much 8-9% pay cut in reality

[sawman]

1.5% for me, best not spend it all in one sweet shop

[Antony Moxey]

We’ve just been given an across the board rise of just under £2kpa, backdated to April. That means very roughly we’ve got an extra grand take home in last month’s pay packet and about an extra hundred quid a month take home from now on. A further pay review is, I think, due in April.

I work in a school and the rise is for non-teaching staff - MTAs, support staff, caretakers, etc. Doesn’t matter if you’re on £20k or £50k, everyone got the same.

[JulianHJ]

Absolutely no chance. My colleagues and I have had around a 20% cut in real terms over the last decade.

[Monkeylegend]

I am getting a 10.1% increase next April.

[Rick101]

All the pensioners?

[55palfers]

All the phone and broadband companies for sure.

CPI plus 3.9% for Virgin!

No politicians moaning about that being inflationary though.

[CoupeKid]

I joined my company in November last year.

In April I was expecting to get 6% which was the standard pay rise plus a bonus for passing a professional exam. Instead I got 10.6% which I was very happy with.

In October one of my new colleagues told our director that he’d been offered more money so we had a team meeting and it turns out everyone has been approached. It’s a crazy competitive market. In November I was given another 15.7% and I’ve been told I’m getting another 9% in April.

It’s getting rather embarrassing as I wouldn’t pay myself this much for the job.

They’re starting to change it to expect travel for travels sake and no amount of money will make it worthwhile.

10 years ago I worked for one of the large IT companies that didn’t really do pay rises. I worked for 7 years without one although they kept giving me more responsibility.

I’ve now doubled my salary and they aren’t in business anymore!

[SAS Tom]

Probably not a right lot. Previous job was 2% every year but it doesn’t really make a difference, moving onto a new place/new job is the only way I’ve seen decent increases. My last job was a 40% rise from the previous and this one 20% from previous.