To ask you if you had an annual pay rise?

[Namechangechangingnames]

So was listening to radio 5, talking about nhs pay rises (this isn’t the point of the post) but they said they got 4% or something but of course with inflation as it is, staff are actually worse off but it wasn’t know when the raise was given that inflation would sky rocket.

so nhs pay rises isn’t the point of the post but it got me thinking across the board, surely most industries give an annual pay rise of far less than 10%, if argue that 4% is quite generous, ive nothing to back that up fact wise just after years working. DH and I work in finance (banking and 2 separate v well known big banks) dH prior to leaving his job was offered 2% and I thought I was quids in at just shy of 5%…. Again these are both before inflation sky rocketed although it was already being forecasted. So actually I’m worse off (inflation erodes the buying power of money)

so I was thinking have any employers given that pay rise of close to 10%?

did you get an annual pay rise? If so how much? Surely we’re all just worse off?

Nb don’t misconstrue this to nhs workers don’t deserve their pay rise, they do, not the point of the post, but the notion of pay rises in light of cost of living got me thinking

Banking, I got 1% back in March, but my bonus was double the previous year so overall, it was a decent increase. We've just been told anyone on £35k or less will be getting an additional 4%, which doesn't apply to me. I completely understand and agree with their logic, but my bills have gone up by about £600pm which is going to be hard to find without dipping into savings.

See I’m a HQ banking role too and I’ve not heard anything and there’s quite a few people on this thread also banking that seem to be getting an increase again due to cost of living. I’m sure I must work at the same place as at least one person on this thread, surely I can’t just have drawn the short straw lol.

dh old employer also a bank (big 5) were a non bonus place and known for their v small annual pay rises, wonder if there’s anyone from the same place on here?

8.8% in architecture

We agreed to no pay rises for last two years. Pay talks are due to start imminently. We shall wait and see ......

Large private company, yearly 1-3% "cost of living" rise. Interested to see if they adjust it to a relevant % this year!

2%. Best percentage I've had since joining this company but a joke when inflation is running so much higher.

It's important that those who take strike action don't have their demands caved into though. What needs to happen is that there's a triple lock on wages for all British workers, like happens with the pensioners. This could be funded in several ways, for instance by charging 100% tax on any assets someone owns above £500K, the confiscation of private pensions or a more radical strategy I've thought up but probably shouldn't say here.

I’ve had an 8% pay cut! Basically my boss and I were bullied out of our jobs. I took a temp role paying 30% less to pay the bills and I’m starting a new role paying not quite as much as I was on before.

The recruitment market is hot where I live and employers are struggling to fill vacancies in my industry but seem to want to pay 10k/15k below the going rate, and want people in the office 5 days a week whilst being based in the arse end of nowhere and offering no flexibility with working hours, then wondering why they can’t recruit!

private sector (global company), I got about 5.8% in April

Yes, we got 4.6% but it equates to around £50 a month more. Private sector.

We had our annual review back in April, which resulted in a rise of 7.1% for me as it's based on market rates. I believe on average the rise across the firm was 4.4%.

They recently announced a further rise in October (due to changing markets) of 3.6% for everyone, irrespective of what they got in April. So on average, the rise is 8% (although with some people higher and some lower).

Based on my salary at the start of the year, it works out an 11% raise. It's so much more than I expected (although there was some moaning about pay when compared to another team by my fellow colleagues..)

Work in a nursery and got 5 percent

private sector and no.

Public sector, sort of arms length agency (not CS or LG), not had a pay rise since 2017, no prospect of one any time soon

Private sector, consultancy type role, 2%.

Financial adviser. Private, small firm of IFAs. Got just over 5% in April. Couldn't believe it tbh!

Nothing agreed yet.

My employer is giving 12.2% to the lower grades as the union negotiated an inflation+ deal 2 years ago, very savvy in hindsight! I won't benefit as leaving, but have been trying to explain to the very put out higher grades that they shouldn't begrudge a cost of living increase!

Never got much in the way of pay rises. I always found moving jobs more effective. NHS workers don't really have that option I guess.

Another 3rd Space professional in HE here (wonder if we do the same job @OttilieKnackered !). Expecting 3% in August if I’m lucky. OH is a senior hospital consultant who will get 4.5% which will in turn trigger an approx pension tax bill of £40K (a complicated but fairly well publicised situation - see BMA website for an explanation). Hence why his peers are taking early retirement in droves.

Public sector but local government so don't get payrises in the same way as all other public sector workers.

Expecting 1%, which after years of no increases and very limited one's recently means I'm about 20% in real cash terms compared to what I was earning in 2008. No bonuses in local government, no benefits like private medical care, works xmas party paid for etc.

3.75% but an expense that gets taken out of wage packet before we are even paid is going to go up by 1% so only technically a 2.75% increase.

We've had 1% for the past 12 years or so but this year we might be getting 3.5%. The Unions are still arguing about it. I work for a University. I'm in admin though so not a lecturer or a professor in mega bucks to start with.

That's very unfair@HiDeDi. Are police staff generally low waged to start with? 2% of, say, 20k would be only £400! That's why I don't like the percentage idea, those who need an increase the most get the least.

I got 4%, OH got 3.75%. Better than nothing.

I work for a third sector organisation. We were classed as essential services throughout the lockdowns, so staued open and working face to face. They're giving us no pay rise at all. Our last pay rise was 1% about 5 years ago.