Private Sector: What pay rise are you getting

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Dd is trying to negotiate a pay rise from her tech start up employer. She is early 20s, earning a bit more than minimum wage, has been there a couple of years. They say they are very happy with her work.

If you are working in the Private Sector what kind of pay rise are you getting this year?

And any tips on how best to negotiate with your employer?

We're not getting a pay rise, and I love where I work so won't be looking elsewhere.

5%

The last 5 years or so have been about 2%. There’s a bit of noise as other countries have always had increases in line with inflation but apparently that doesn’t apply in the UK

Private sector often give bonuses rather than bigger pay rises as it doesn't cost so much and gives the feel good factor, I'm retired now but that is mine and DH experience anyway.

Redundancy!

2%

I'm public sector, but DH is private sector and he isn't getting a pay rise this year (although he is getting a performance-related bonus).

There are no annual or inflationary increase at my work.

Pay rises are linked to performance and progression, if you perform you will see an increase.

Sometimes teams are adjusted if we feel the market has moved on and they're underpaid, but it's case by case and usually led by the manager pushing hard for it.

Private sector pay rises are usually linked to the recent profitability of the company - inflation isn't particularly relevant. The public sector is different because it's not run as a profit-making business.

Although I should say that I'm looking at public sector vacancies are they're paid much better here than private sector.

Private sector for a role that requires a degree is usually £19-22k

Public sector for a role that is basic data entry and requires GCSEs £19-22k

Public sector for a role that requires a degree is about £25-27k

I guess it's regional but our job market is a piece of shit anyway :(

4%

Not quite sure why people think the private sector is just swanning in money compared to the public sector and are getting massive pay rises, the economy is shit atm people are being made redundant. I'm grateful I still have a job let alone a pay rise.

Absolutely nothing

Not quite sure why people think the private sector is just swanning in money compared to the public sector and are getting massive pay rises

It's odd isn't it!

Zero

Not really private sector have had more of a pay rise than public sector overall.

Nothing. Also a small tech company.

I got 4% last year.

7% plus a 12% bonus . We also got a COL payment up to £1000 on a sliding scale

Has it made me start looking for another job?

No, I'm 59 and the chances of me finding another career-level role are virtually nil.

I don’t think many will get inflationary rises, Op

In my city it's really hard to get people to work in the lower salary jobs and there are vacancies everywhere.

So DD could find an alternative role very easily and her company might struggle to fill her role at all and obviously it's also a lottery as to whether that person would be a good and relatable worker.

Good to hear that some people are getting cost of living one off payments and bonuses.

Yeah, I think your DD should be negotiating based on market rates and her increased experience, not on blanket pay rise amounts.

3% company wide rise. Other than that I last got a pay rise in 2020 when I was promoted.