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How much has your salary increased in last five years

133 replies

Ffvv666gg · 23/03/2023 07:03

Just realized that I've been with my employer for five years - checked our salary scales and in that time my salary has increased by 20k. On the one hand, feels like I should feel richer but on the other with prices going up as well as interest rates on our mortgage, it feels like we are no better off now. Changing employers won't help as we are on nationally negotiated payscales. How much have your earnings gone up in last 5 five years?

OP posts:
Christmascracker0 · 23/03/2023 11:10

I’m 30 now and think my salary has increased about £16k since I was 25. I had to do a lot of professional exams!

pickledbatswings · 23/03/2023 11:11

This is depressing, but nothing at all. Was made redundant after 11 years 2 years ago and the only jobs I have been able to find pay the same amount per hour as they are part-time. I'm retraining....

RosettaTheGardenFairy · 23/03/2023 11:19

55k increase in the past 5 years for me. I don't really notice it either but we have added 2 more kids in that time so I think most goes on them. Can't wait for the childcare days to be over!

PawMaw · 23/03/2023 11:19

4 years since graduating, been in the same public sector organisation.. Salary increase of £23k from first role to current role, take home increase of £900pm.

I'm not much better off as my rent has increased by £500, council tax by £50 and other living expenses increasing.

Cinnamon23 · 23/03/2023 11:30

£5476, however this was due to changing jobs - not pay rise/uplift.

StackBlocks · 23/03/2023 11:38

Mine has gone up by almost 50% - I hadn’t noticed that until I read this thread. I feel like I should be rich but I’ve had 2 DC in that time so I feel poorer than ever 😁

Allmyplantsdie · 23/03/2023 11:47

Only by 13k, but I now work from home. At my peak 2 years ago I was on 8k more than I am now but took a pay cut to work from home.

my salary is currently benchmarked to be about 15k more at other organisations where I would be required to work in an office so both me and my employer think we have got a good deal- they are saving money and I don’t have to pay for a commute or waste lots of time.

LittleLegsKeepGoing · 23/03/2023 11:53

5k. Same job, occasional annual increases that work out as 15% over the 5 years. Nothing remotely close to how much things have gone up in the same timescale but still better than some to average out at 3% a year.

OopsAnotherOne · 23/03/2023 12:01

£3,450 per year before tax, but that's in the last 4 years as I worked somewhere else 5 years ago.

Finalstar · 23/03/2023 12:01

One of the things to bear in mind is to work out what's important and then rank them in priority order. For me it's money followed by benefits followed by flexibility and then last is career development (least important because I am prepared to move firms to get that).

Money has always been top so I've been prepared to gamble by moving firms - which is not without risk. Changing jobs means you have very little protection in the first two years. You have to go through probationary periods, get to know the firm and people and there's a risk you might not like them. Some firms tie benefits to length of service - in my last job I was only on two weeks of paid sick leave when I started and the employer contribution on my pension was the legal minimum. Holidays were rubbish and there was no flex working - but I took the job because it gave me a good salary bump and I knew it would be a good stepping stone to my current firm (where both salary and benefits are better).

Staying put has its risks (salary tends to stagnate) but also has benefits as well. You have to weigh up what's on your dance card that you want to achieve and then make decisions based on your circumstances.

OopsAnotherOne · 23/03/2023 12:01

OopsAnotherOne · 23/03/2023 12:01

£3,450 per year before tax, but that's in the last 4 years as I worked somewhere else 5 years ago.

Wait that's completely wrong, I meant £3,450 IN FOUR YEARS not per year haha, I wish I had that increase annually!

xogossipgirlxo · 23/03/2023 12:02

Only £6k, but I needed to work out where I want to go career wise

Bree82 · 23/03/2023 12:03

Around £2k before tax… so about £100 better off per month…

StylishM · 23/03/2023 12:22

£22k in 4 years with the same employer - public services but private firm

ShortDaysLongNights · 23/03/2023 12:25

Been in my current role at the same company for about 6 years. The only pay increase is the annual 2-3% negotiated by the union as a percentage of inflation (but capped at 3% max)

Minikievs · 23/03/2023 12:25

£11.5k
Private sector
Small promotion about half way through that time

Gatekeeper · 23/03/2023 12:27

mine has gone up by the princely sum of £600 a year- before tax- in 6 years!

Oysterbabe · 23/03/2023 12:28

Not much, couple of grand maybe. I've recently started a new job and taken a pay cut. I'm a lot happier though.

TrudyProud · 23/03/2023 12:29

About £50k + benefits. I'm in london and in my mid 30s and have had 2 external moves.

popandchoc · 23/03/2023 12:30

About 25k .

Neededanewuserhandle · 23/03/2023 12:44

-50%

Heronatemygoldfish · 23/03/2023 12:49

Average of 2.42% a year over past 5.
UK inflation over that time 3.36% average so going backwards.

Before that, we had pretty much flatlined with austerity measures (NHS scientific staff). Be interesting to see how the latest proposals pan out...

shelbaba · 23/03/2023 13:01

I'm not exactly sure maybe £1500 absolute max. We only ever get 0.5% or 1% pay increases. When I started 7yrs ago it has gone up about £2.5K to around £40k. It was a gd salary at that time but I'm prob about £10k+ underpaid now. Although I only work part time and it's very, very flexible for the kids and has a great pension so I'm staying put for now.

milafawny · 23/03/2023 13:03

£18.5k to £27k but i got a degree in the past 5 years, so went from HCA to RN

CherryCokeFanatic · 23/03/2023 13:05

Moved roles a few times from March 2018 to present I’ve gone up almost 40k on basic and probably another 10k from bigger bonus and car allowance.

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