To ask what you would think of a 5% pay rise in the current climate?

[Mumwantingtogetitright]

Would you be pleased to get this?

Or annoyed because it's below inflation?

Accepting because money doesn't grow on trees and something is better than nothing?

Would the type of employer make any difference? (Ie if it was in a struggling industry or not-for-profit where funds were tight vs a big profitable company?)

Just curious about people's views, and wondering what the "average" increase has been for people in recent months.

5% would be lovely thanks!

I think an increase of 9-10% would absolutely cripple some employers.

Won’t know pay rises until October. But would be amazed if it was 5pc. Work in retail and company has already warned us it faces significant cost pressures eg cost of fuel and freight. So none of us are holding our breath!

And that’s despite having a great set of results last year!

I'm in the third sector too OP.
We've had a 6% increase & it's appreciated, but really just means we are not earning less in real terms. Well it did when it was decided. As inflation increases we will be.

The thought was massively appreciated. Treat your staff well. Especially in charities. As you say, they work hard.

If this is the case I think 5% is absolutely fine. If you were a multi billion pound company who could well afford it then more would be good of course- but 5 is more than our crappy government is giving to their staff even though have been given a raise themselves!

I'd be thrilled. Public sector so no chance. My salary is the same in real terms now as before I had children in 2010. Same job, and that's with pay progression up the pay scale.

We gave our staff 15%. Small business in a tech sector where there are lots of skills shortages. Part of that reflects development of their skills/performance over the year. But much of it is about retention. As owners, our take-home will be about the same as the last two years.

People on the lower end of the pay scale in a large profitable business should be getting larger rises % wise to help offset the cost of living when compared to those already receiving salaries that allow them to remain comfortable. It doesn’t tend to work like that though, sadly.

I work for a small business and I accept that they can only make small pay rises if the business is to remain viable.

Maybe instead of a percent, employers could put everyone's pay up by at least the same pence amount as the national living wage, 59p. It was 6.6% for those on the NLW, would be 5% if you were on £11.80, and so on.

Same :(

Well I got 2% which until the national insurance changes kick in in July leaves me a whole £5 better off a month so I’d be pretty damn chuffed tbh

I got 1.5%. It’s effectively a pay cut but it’s out of my control. 5% would have been much more welcome.

it does make me laugh though that it’s the workers who are expected to absorb the pain by not asking for pay rises for the sake of the economy. We aren’t doing anything to tackle the gas and electric providers who are making huge profits.

3% for higher earning roles, 10% for lower earning roles.

I got 1.5%, DH got zero. We'd be over the bloody moon with 5%.

I’m not getting one at all.

my husband got 3.5% - large international specialist in a sought after industry.
5% would be fabulous

I got a 100% pay decrease as I got made redundant. Meanwhile the company made over $5 billion dollars in profit last QUARTER. 🙄

I got the mandatory increase in min wage. Boss says we've had our "pay rise".

5% is better than nothing, but under the increase in the cost of living. People who will be happy to have less money in their pocket are those who can afford it.

5% for me. Mixed feelings - pay rises since I started have been well below inflation. It’s a huge rise for us, but no increases for last 2 years and before that 0.5% the year before. Also a difficult-to-recruit industry. Everyone is on the same- no kind of bonus or pay differences for staff doing the same role.

In there shoes, I’d even just acknowledge the below-inflation pay issues and looking at a low cost perk.

Our staff got 10% across the board. I work for a very progressive organisation who value people & community over profits.

I don't get payrises where I am. Been there about 6 years. I'd take anything if offered.

@Mumwantingtogetitright
I think that 5% of they've not had salary increases annually over the last say 5 years, is about right. If they've been having 1 to 2% increases annually, then I think that probably this is setting the bar high and it will be difficult to maintain if they then perceive this is the expectation etc. So could have the effect of leading to staff moving as they deem their worth is now higher. Sounds odd but this can be an inadvertent consequence and I've seen it happen. Sometimes, a lower increase but improvement in ts and Cs is better for the business. Eg improved flexibility etc.

I’m getting 1% this year. DH got 1.5% but no further rises until 2024.

5% would be amazing.

I should add that we are both in the public sector but different industries.

It's below inflation but it sounds like not many employers can afford to match inflation. 5% isn't too bad. I'm nhs so still waiting for them to say (the unions will ask for inflation level but it'll be rejected, we'll be lucky to get more than 3%)

I think the situation is complicated at the moment because everything's moved so fast. Most large employers will have been setting their budgets and allocating pay rises over a period of a couple months, during which inflation has doubled. Five percent would provably have looked generous in early March.