A pitiful 3% here. Was expecting 5-7% which is inline with other private sector rises.
Meanwhile the company is doing fantastic and all those at the top will probably have 30% payrises
had 20% last year and now i just changed job and got a 16% rise.
If your employer gives you the option the it's more efficient to push the bonus directly into your pension (0% tax).I had a package which was made up to about 10% this year.
Had a payrise
then 4 x one off payments
and a bonus
The tax man also tore me a new hole,
I am thankful that im working for a company that seems to do alright in these climates.
Possibly but I didn't really want it to go in my pension as it would be no good to me nowIf your employer gives you the option the it's more efficient to push the bonus directly into your pension (0% tax).
Also if you are lucky enough to go above £100k salary then ramp up your voluntary pension contributions for the same reason.