When did you last have a pay rise in the private sector?

[TWETMIRF]

I have been on the same hourly rate since 2017 and wondered how normal this was within the private sector. Minimum wage creeps ever closer to what I'm earning and I think things will only change when it's forced by NMW becoming more than I get paid. I work in accounts and have 2 jobs paying the same hourly rate. The second job I started in 2021.

I work in finance and we get a salary review every July. Increases depend on various scenarios, our HQ is in Germany and often it's their inflation figures who drive the increase.

We usually get an adjustment in April, but I was promoted in June so got a bigger bump then. Last year they adjusted me in April and then very kindly decided to give me a bit more in July.

6% in September, along with everyone else in the business.

My firm gave everyone a 5% pay rise this year - despite hiking clients fees by 10% “in line with inflation” 🙃

Before that I only got payrises from promotions.

I work in accountancy though and salaries have really stagnated over the last few years.

Annually other than in 2020

I've only recently joined the company but we're getting a 6% rise in January, brought forward from April due to the COL. It's a major company though and they've made massive profits this year, I'm sure people can guess which sector.

Professional services - every January and there would be uproar if not

Everyone in my workplace got 0.75% (ie bugger all) this year, nothing last year, and 0.25% the year before that. We have very low rates of staff turnover so I guess theres no need for them to splash out on actually meaningful raises.

We get one every year. 4% this year.

Makes you feel a bit shit when you find out the executive team have awarded themselves 20%, especially as that gives the CEO a rise of £188,000 oh and bonuses on top.

It probably depends on the company. I work for a large multinational so there is a global annual performance and pay review process every year (non union, the union seem to negotiate 2-3 year deals at a time).

Increases will be based around country inflation rates, company performance, and personal performance. I have been there for 12 years and as part of the annual review we usually get 2-3%, 2 years of covid was 0%, this year was 3-7%

Promotions, increases due to changing job internally, roles being reassesed, or going up bands are more significant rises, less frequent and usually happen outside the pay review cycle.

Annual reviews, but they've already told us my grade and above won't get any increase this year.

I haven't had a pay rise since 2016 and I'm a boss. My staff have one every year!
Ask your boss. Mine remind me if I don't say 🤣

Every year for the last 3 years. They've also just announced the next two year deal.

Since 2020 my pay has risen 15%

April this year. COL for everyone by 2% I think and then I had an extra £2k increase on top. They are a good company though. I'm in the lower earners and they gave us £500 COL bonus payment to the lowest earning third of the company last year as well, even the part timers. I am very grateful to them in lots of ways.

The ones I know of seem to have had a mixture of pay rises and additional lump sums for COL. They all operate performance pay rises and bonuses too, so not everyone gets the same.

I’ve had 13% over 18 months, and then an additional 5% exceptional increase due to a change of responsibilities. I got a promotion just before the 13% so if you include that increase it’s been a good couple of years for me 🙂

2pay rises last year - 3% all round in spring then 6% later in the year when COL pressures were really ramping up
And then 6% in October this year

I had one recently, and got back pay to April.

Last Spring - hopefully we'll get another one this Spring.

2 years without. Had a CoL lump sum last year though.

Oct 22 brought forward due to COL, due next one in Jan but have changed jobs this year so had a mid year increase.

I'm surprised for OP. I thought rises in private sector were almost always annual. In public sector... don't get me started. We'd be delighted to actually beat inflation for once, too.

Both employers are very small, one limited company with 6 employees and the other a sole trader with 2 part time staff. I'm AAT level 4 and on £12 ph. Also in Cornwall which doesn't help as in a deprived area

Annually, last year was 8% and not had this years announced yet. There’s opportunities for more throughout the year depending on performance too. Have you asked for one op?

Annual pay reviews this year I got a 15% rise and my full 10% bonus. I’ve performed well and they are a great company that values their staff