Work pay review disappointment

See, I wouldn't stay with an employer who only gave me a pay increase when I was one foot out the door. That makes them untrustworthy. They'll give you a pay increase but then penalise you in other ways.

you aren't valued, they don't care if you stay or go. The holding out for a June pay increase, what a load of tosh. They don't deserve your loyalty or time out of your career. Find a new job and have the immense satisfaction of leaving them to it.

I'm sorry OP, that's really shitty and I can imagine how awful and furious that made you feel. Unfortunately, that has always been the way in the private sector. I know someone who is outstanding at their job, more highly qualified and experienced than their manager, always goes above and beyond, works really hard for promtion and payrise and, despite getting the highest review mark last year, was downgraded when the company decided it didn't actually want to share the millions of pounds profit they make every year with its employees. So my friend has to wait another year for the potential of a pay rise, despite consistently being the highest performing team member, who also helps everyone else.

Private companies very rarely give pay rises (large or otherwise) to existing staff. They've already got you and they know you need them more than they need you. (I'm sorry, I don't mean that to any way sound disparaging of you or the level of effort you put into work; that's just the way corporations think.) The way to get the sort of pay rise you're hoping for is to job hop. The alternative is to do what your colleague did and obtain another job offer at a higher salary and use that as leverage.

I've read only today that employers are laying people off at the fastest rate since the big crash of 2008-9. AI is being rolled out all over the place. NI's gone up, making each employee cost more to employ. You're in the private sector and businesses have to make a profit to keep going. They know you'll probably find it difficult to get new work so the fact that you're getting a 3.92% rise seems about right. Life is unfair — but you should know this by now.

You haven’t got the promotion yet

i think you need to take a step away from this and look at it after the weekend with a fresh pair of eyes. Emotions are running high and you are currently being unreasonable.

Bonuses are related to performance, pay rises are different. A 10% pay rise is just unrealistic. Get your ducks in a row and then have a measured conversation or just leave.

Yes and you are being complicit in allowing this to happen by being (in your opinion which I believe) shafted and underpaid and accepting this so behave like a bloke and leave.

I feel for you OP but you're right, your manager is only the messenger. She's probably been screwed over herself. I've got the shitty task of handing out 1.8% increases to my team next week after a pretty tough year. It will not go well.... Then the higher ups wonder why the tub of quality street they bestow upon them at Christmas isnt met with more gratitude and enthusiasm.

It's shit and insulting

Either move or try the dangerous game of a fake offer from another company

What you wanted and expected are clearly hugely gapped by reality. Most companies never offer a 10% pay rise. Ever. Bonuses yes, pay rises absolutely not.

Pay rises almost always follow inflation rates and are calculated as such. Last year was 3% so you got above inflation pay rise.

A company won’t pay a huge rise based on performance - that is what your bonus is for. Pay rise =inflation. Performance = bonus.

Im a little surprised you don’t know all this OP and don’t understand how most companies work?

You turned down a promotion that would have paid you more and now they are delaying it by four money and you are angry that they haven’t mitigated the gap in pay to your promotional pay rise.

Your anger is misplaced and unwarranted.

Well I did get another job offer and told them and they increased my salary by 10k. You either have to do that or actually leave. If you stay you’re not going to get significantly more money.

What makes you thing that your colleague lied or made up a job offer?

Is there money in that? I thought it was OnlyFannys.

1.5% here! 🤭

Don't be daft. It's a private company. If they can't afford to pay their staff fairly then they'll go under. If they're just exploiting their staff's loyalty to maximise profits then they should be called out on it.

That was your reason for doing it but it didn’t work. If you had gone up a level then you would presumably have had a pay rise then and maybe this pay rise now and would have been on a higher salary now. I think ultimately your choice backfired.

As you think you're underpaid for your current position, I'd ask for my promoted position to be benchmarked. Your HR advisor should then go out and see what the average pay is for similar roles in the same industry before saying what the salary should be. Any fair manager will support this.

£900 sounds pretty good to me.

If you are looking for big bucks have you thought about doing something else? Crooked politician? Mexican Drug Mule? CEO of Thames Water?