Whats your wage rise this year?

Metalface Mark · 15 Sep 2008 at 15:35

It comes to the time of year where i have to decide what to give my workers as their yearly wage rise.

What are people getting this year, and are companies using the credit crunch as an excuse to curtail wage hikes?

MAPeX · 15 Sep 2008 at 15:37

My rise will probably be 3%. Same as last year, and the year before, and so on.

xander_uk2 · 15 Sep 2008 at 15:39

worked my ass off+ m ore responsobilities = 22k to 28k

I'm happy

titchard · 15 Sep 2008 at 15:40

I start on a 15% wage rise as of the 1st of October.

Rich

LiE · 15 Sep 2008 at 15:41

http://forums.overclockers.co.uk/showthread.php?t=17840241&highlight=pay+rise

el_dazza · 15 Sep 2008 at 15:42

Just under 12%

Delvis · 15 Sep 2008 at 15:44

Nothing...Zero...er, penuts if I'm lucky.

We don't really have yearly pay rises =/

Infact I think the last pay rise I had was about £50 a month worth, which pretty much turns into tax anyway now.

Me need more money I think =/..Be nice wouldnt it?

Jock Dodds · 15 Sep 2008 at 15:46

Naff all.

And I don't think they'll be using the 'credit crunch' excuse because that would breach the WALL OF SILENCE ®

clv101 · 15 Sep 2008 at 15:49

Metalface Mark said:
It comes to the time of year where i have to decide what to give my workers as their yearly wage rise.

What are people getting this year, and are companies using the credit crunch as an excuse to curtail wage hikes?

A) How much do you need to pay them to keep them happy enough to do a decent job and stop them leaving your company to a better paying job?

B) How much can you afford to pay them?

The pay rise should be somewhere between the two.
Your company is in trouble if A > B.

"What people are getting this year" is not the right way to choose - every company, every employment sector is different.

BlastRadius · 15 Sep 2008 at 15:52

I got 18.75% rise in Jan this year based on my workload and work ethic (which seems fair, harder you work the more you get). Company average was 10%.

We did exceed our targets for last year by about 40% though.

afraser2k · 15 Sep 2008 at 16:05

Ours is:

May 2008 - greater of 3% or £420
October 2008 - greater of 2.5% or RPI (as at September 2008)

A lot of universities might be in trouble with budgets though due to the rise in RPI this year.

colinuk · 15 Sep 2008 at 16:06

15% pay rise, but i am a contractor who renewed for a year...

Full time staff here got about 2% pay rise... more like a slap in the face than a pay rise for most.

Heliospherez · 15 Sep 2008 at 16:07

2.91%

Slightly less than the last 13 years which have all been between 3 and 3.1%.

KNiVES · 15 Sep 2008 at 16:07

Below-inflation rises are actually wage reductions.

Rotty · 15 Sep 2008 at 16:08

nowt

SexyGreyFox · 15 Sep 2008 at 16:09

At the NHS I'll get around a £1000 pay rise yearly + around 3%.

Red and White · 15 Sep 2008 at 16:09

i'll get something but it will be below inflation

Tefal · 15 Sep 2008 at 16:09

0%

Might be because i don't work though...

jmhduck · 15 Sep 2008 at 16:11

I think a pay rise should be given because of inflation, with inflation as it is and the increased living costs not giving a pay rise is an effective pay cut...

Guv · 15 Sep 2008 at 16:11

3.75% a few months ago.