Soldato
- Joined
- 29 Jul 2013
- Posts
- 8,603
Ended up moving jobs and getting a 42% increase which is great. Building work at home is swallowing that up at the moment unfortunately!
Poll: Pay rise 2022
- Thread starter LabR@t
- Start date
Man of Honour
That's a heck of a bump regardless of salary that's going to make a hell of a difference - well done!
That is awesome! It helps to demonstrate that staying at the same employer for a long time generally doesn't pay off as well as continually switching employers every few years to continually get good compensation increases, assuming that you're not on a fixed pay progression track like some are in the public sector.
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Man of Honour
This will be my first year of properly working at an Austrian organisation - so as well as any performance related pay, I should also get a mandatory increase as negotiated through a "collective bargaining agreement", so that will be interesting as I've no first-hand experience of this yet.
EDIT
Looks like it was 7.7% last year, though not necessarily spread equally across roles.
"A company’s total of the contractual monthly basic salaries according to paragraph 2 must be increased as a whole by 7.7% as of 1 July 2023 at the latest. Beyond the minimum amount according to Art. 3 (1) of the supplemental collective agreement, individual increases in monthly basic salaries are incumbent on the employer, under consideration of the minimum basic salaries according to Art. 15 of the IT collective agreement and the provisions of Art. 3 (4) and (5) of the supplemental collective agreement. The employer must ensure payment of the respective minimum basic salaries as defined by Art. 15 III. (1) of the IT collective agreement."
EDIT
Looks like it was 7.7% last year, though not necessarily spread equally across roles.
"A company’s total of the contractual monthly basic salaries according to paragraph 2 must be increased as a whole by 7.7% as of 1 July 2023 at the latest. Beyond the minimum amount according to Art. 3 (1) of the supplemental collective agreement, individual increases in monthly basic salaries are incumbent on the employer, under consideration of the minimum basic salaries according to Art. 15 of the IT collective agreement and the provisions of Art. 3 (4) and (5) of the supplemental collective agreement. The employer must ensure payment of the respective minimum basic salaries as defined by Art. 15 III. (1) of the IT collective agreement."
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Man of Honour
Whopping increase, well done! I remember when my salary went up by 55% and I literally didn't know what to do with it all at first
Man of Honour
Our annual pay rises are coming up in the next couple of weeks. Mines a bit complicated this year as I changed roles, and I've just had my first major project completion.
Based on previous years without taking that into account I'm expecting somewhere around 11/12% with the other factors I'm expecting 15-20% pushing for the upper end of that
Based on previous years without taking that into account I'm expecting somewhere around 11/12% with the other factors I'm expecting 15-20% pushing for the upper end of that
Soldato
- Joined
- 29 Jul 2013
- Posts
- 8,603
That's a heck of a bump regardless of salary that's going to make a hell of a difference - well done!
Thanks guys! It was my first post-qualified position (Chartered Accountant) so it felt great to benefit from all the time spent studying!Whopping increase, well done! I remember when my salary went up by 55% and I literally didn't know what to do with it all at first
Soldato
3.5% then we got / are getting 2No. £500.00 cost of living payments. Done that so as to to not make this year's salary then carry over to next year as well.
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Been there done that :d. Enjoy that one as its a bit of a journey to get to anything more significant. I just got a 30% rise (also a CA with 5 years post qualified).
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Soldato
Just heard we're getting 7%. Biggest in the two decades I've been there.
Still seems lower than many others are getting. Always behind for some reason.
Still seems lower than many others are getting. Always behind for some reason.
In general, staying at the same employer for decades does not pay off as well as jumping every few years. I've been experiencing more than an 8% pay rise (on an annualised basis) for the last decade or so, which is achievable if you switch job every 3 years and get a 25%+ pay rise each time. I don't wait for my employer to benevolently increase my pay whenever it feels like, but instead seek it out when I am looking for my next opportunity.
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Soldato
Took a bit longer than expected, but got that 5% announced recently. Also the promise of a bonus in this month's pay, though no clues as to the magnitude (my guess would very much be £hundreds rather than £thousands)
Caporegime
Apparently DDRB wanted 6% for Consultants this year but blocked by Sunak. Strikes overwhelming in favour of action so on strike next week.
In a even more mind-boggling move of stupidity my pay is substantially bolstered by covering the junior doctor strikes every month (nearly doubled at times).
None of this is sensible.
Soldato
I work for a smaller business that is part of a wider group and our pay is (for this last increase at the very least) determined by the wider group and it's unions. Somehow it's become a little convoluted:
6% increase with effect from 1 April (We can also increase our pension contribution from 3% to 4% and they will then contribute 8%).
2% increase from 1 October.
£1,250 non-consolidated one-off cash lump sum payment.
A further 5% increase from 1 April 2024 (We can also increase our pension contribution from 4% to 6% and they will then contribute 10%).
Also getting a not insignificant STIP/bonus payment coming this month.
So really not bad overall and personally I was happy with where I was anyway. With a pending house purchase it's all very welcome so I count myself very fortunate. I was hovering under the 40% rate by putting 9% into my pension and my partner also claims child benefit or whatever it is called so at this point I think I will need to look into what the implications are as I think I push us past a threshold for that.
6% increase with effect from 1 April (We can also increase our pension contribution from 3% to 4% and they will then contribute 8%).
2% increase from 1 October.
£1,250 non-consolidated one-off cash lump sum payment.
A further 5% increase from 1 April 2024 (We can also increase our pension contribution from 4% to 6% and they will then contribute 10%).
Also getting a not insignificant STIP/bonus payment coming this month.
So really not bad overall and personally I was happy with where I was anyway. With a pending house purchase it's all very welcome so I count myself very fortunate. I was hovering under the 40% rate by putting 9% into my pension and my partner also claims child benefit or whatever it is called so at this point I think I will need to look into what the implications are as I think I push us past a threshold for that.
Why are you covering people that are striking, in effect minimizing the disruption the strikes cause, limiting their effectiveness? That's extremely selfish of you.
Caporegime
Because otherwise children would die.
Ethically I cannot let children go without acute healthcare. The disruption instead is the substantial expense of paying me to do work I don't normally do and adding to the ever increasing backlog of outpatient work by not doing my day job. This is more palatable than children dying.
The junior doctors striking welcome us covering their workload at great expense, they don't want to kill people.
This is what every hospital consultant across the UK is doing for the next 5 days.
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