Graduates - Pay rises?

Hamzter

Hamzter

Hamzter

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Joined
19 Mar 2003
Posts
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With the recent recession, pay at my work place has been frozen for the past 12 months and will be for at least another 6, I'm just curious as to how much I'm missing out on. I'll have been working here almost 2.5 years before getting a chance for a pay rise :(

So all you graduates out there, how quickly did your pay rise after you first started working?
 
I get a pay rise every 6 months while I'm on my company's grad scheme. Last one was 2.86%, and I'm getting another pay review in March.

Yeah I'm bloody lucky.
 
2.5 yrs without a payrise.... unless your salary was above average - I would've left by now. (not as I'm greedy, but as a lot of the grad scheme salaries I'm aware of are quite low).
 
I've had a pay rise after 5 months and will be due another in the next 6 - all substantial ;)

Pay 'freezes' are not definitive - suggest you are looking elsewhere and if they value you they will push a rise through.

Edit - although i'm not on a grad scheme if that makes any difference - just a recent graduate (2009)
 
When I was a graduate I was getting a yearly graduate review for 3 years, plus the normal yearly performance review staggered by 6 months. The graduate review was typically 10-15%, then the normal review was 3-5%.
 
It depends on what course you did and where.

Being classified as a graduate varys hugely, as many courses are mickey mouse, but many result with engineers, doctors etc.
It also depends on the route someone takes on life post uni.

One thread to discuss 'graduate pay rises' is very very diverse.
 
ive been with this company for jsut over 14months and just had a 12.5% , was on a pretty good pay before so im very happy.
 
Hamzter said:
With the recent recession, pay at my work place has been frozen for the past 12 months and will be for at least another 6, I'm just curious as to how much I'm missing out on. I'll have been working here almost 2.5 years before getting a chance for a pay rise :(

So all you graduates out there, how quickly did your pay rise after you first started working?
Click to expand...

How much have you started on though, i'd say 18-20K starting rising to 30K within 5 years is about right for a graduate from an average university.
 
Well I started on 25k, so not exactly pittance, that was 18 months ago. I'm an engineer in the auto industry which has been hit pretty hard by the recession, sounds like I'm missing out on a lot though :(
 
My inpression is engineers start out on higher pay although this is usually coupled with longer hours and shift orientated work, a friend at rolls royce was on around 20K p/a on day release to uni with course fees paid etc, £26K at end of his course, hard hit by the recession though engineering i'm afraid.
 
You need to compare your pay to others in the same industry to decide if you've missed out or not.

I started on a low salary but got study support and had increases of at least 10% every 6 months for 3 years, moved jobs a couple of times and now have a salary almost 3 times what I started on 4 years ago.
 
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