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Annual (inflation) rise?

96 replies

Charcol · 06/02/2023 19:26

I assume most jobs get an annual increase, to help reduce the risk of inflation.
In the past these have tended to be 1-2%, as inflation was low.
Now with inflation at circa 10%, are you expecting or been told what you will be getting. 10% would be great obviously, but something tells me most of us wont get anywhere near. - Hence all the striking we are currently seeing across the country.

None the less, wondered what people were getting / expecting ?

I am in manufacturing... and unions are currently fighting it out. hopefully for circa 7%. Which would be good.

OP posts:
thestealthwee · 06/02/2023 19:45

Construction services and I got 6%

That's why I don't support strikes. Private sector doesn't pay inflation level pay rises so why should public sector - especially train drivers - they've had above inflation rises for years

Floofydawg · 06/02/2023 19:46

We got 5%. Private sector.

kitsuneghost · 06/02/2023 19:48

I got 3% last year. Not expecting anything this year. We don't get automatic raises.

VogueDarling · 06/02/2023 19:49

My organisation is anticipating 4-5% increases in the annual review

Some people will get less- if they are high paid for their job already (not very helpful when your still impacted by inflation and increased cost of living like everyone else!!)

People who are lowest paid in their jobs may get 6% to try and even everyone up

Richvanilla · 06/02/2023 19:50

No, I don't expect a 10% pay rise this year. I'm in the private sector and seen 3 significant rounds of redundancies in the past 5 years and would rather avoid the need for more in the future. Sometimes I think people don't realise that a 10% increase for them might total £3000 for example, but for a large business that can increase the payroll by MILLIONS. That's several millions extra taken off the bottom line which increases the risk for a reduced workforce... guess it would depend on what profit the company had reported... I would feel very differently if I worked at say, Shell for example.

It also works both ways, if (and I appreciate it's unlikely) gas and electric prices, petrol, mortgages etc all drop, will you be willing to give your 10% back? Of course you wouldn't. Business are also dealing with increased costs in gas, electric, rent, materials etc.

Overthebow · 06/02/2023 19:52

Private sector, 5% for cost of living and a bit more for exceeding expectations. Most people just got the 5%.

Shadowboy · 06/02/2023 19:54

My husband got 3.5%. He’s an associate director - private company.

I'm a teacher- currently got nothing. I haven’t had a % pay rise for close to a decade so I’d be happy with 5%.

EweCee · 06/02/2023 19:54

Private sector - 4% average across the business.

FlutterbButterfly · 06/02/2023 19:56

Public Sector, leisure had no rise in 5 years....

motherofkevinnotperry · 06/02/2023 19:57

We got 1% in 2022 and still waiting for it to hit our wages. Civil service, no wonder we're striking! I'm on the same salary I was 4 years ago but bringing home less.

MaverickGooseGoose · 06/02/2023 20:01

I've had 1-2% for the last several years, and bonuses are long gone. Don't know what this years will be but it certainly won't be 10%.

I have upped my salary considerably by moving roles but inflation level pay rises are going to happen if you stay in the same business imo. I work in construction / real estate.

Babyroobs · 06/02/2023 20:03

I'm not expecting any pay rise, although my contract is just being renewed as I was on a 12 month contract so we'll see.

starlingdarling · 06/02/2023 20:40

Not sure about percentages but I was on 24k and they gave everyone a 2k increase in summer then we got the usual pay scale increase increase in November so I've gone from 24k to 28k. I'm a public sector worker with a cushy pension so i wouldn't dream of striking.

Aprilx · 06/02/2023 21:39

I worked in private sector, multinational financial services for the best part of 30 years and pay rises were rarely if ever related to inflation.

Bleese · 06/02/2023 22:43

Because it's already been said on this thread and will no doubt be incorrectly stated again and again - private sector wages have risen faster than public sector wages in recent years, not the other way round.

Longwhiskers · 06/02/2023 22:45

3% last year which was the first pay rise for ages (several years). Don’t think there will be one this year. Private sector.

Setyoufree · 06/02/2023 22:51

Bleese · 06/02/2023 22:43

Because it's already been said on this thread and will no doubt be incorrectly stated again and again - private sector wages have risen faster than public sector wages in recent years, not the other way round.

Interesting. Not in my experience....

Bard6817 · 06/02/2023 22:53

Setyoufree · 06/02/2023 22:51

Interesting. Not in my experience....

Wonder if it was public sector research lol

Fleabigg · 06/02/2023 22:54

Local government. I got approx 3% last year, but it was a flat rate increase of £1925 across all grades so was a higher % for lower earners which seemed fair. It was the highest “cost of living” increase I’ve had in 17 years of working in local government.

Mindyoursoul · 06/02/2023 22:55

Will be 2% in April private sector

ladymacbeth · 06/02/2023 22:56

Public sector, we're getting 6%

Fleabigg · 06/02/2023 22:56

Shadowboy · 06/02/2023 19:54

My husband got 3.5%. He’s an associate director - private company.

I'm a teacher- currently got nothing. I haven’t had a % pay rise for close to a decade so I’d be happy with 5%.

Teachers got 5% in 2022. Do you mean nothing in real terms?

FenghuangHoyan · 06/02/2023 22:58

Last year I got no pay rise, the year before that it was a 10% pay cut. I'm hoping for about 4-5% this year, but who knows.

Rebel2023 · 06/02/2023 23:17

Whatever the min wage rise is

Anothernameanother · 06/02/2023 23:25

Fleabigg · 06/02/2023 22:56

Teachers got 5% in 2022. Do you mean nothing in real terms?

Only if their schools follow the Burgundy book. All local authority schools do, but acadamies and independents can choose whether to follow or not.