Cost of living increase on pay

milliejon

I've just noticed that I haven't received a cost of living increase this year. This is the first time in 16 years that this has happened. I usually get this in October, back dated to August. Have I just been lucky and it's run out, or should I get it this year?

milliejon

I guess nobody knows the answer?

Scarlett1

maybe your company isnt doing the pay rises this year, contact your HR department if you have one and ask, or you line manager

milliejon

Thank you. Don't they have an obligation to give you a cost of living increase though?

CIS

Theres no obligation to give a cost of living rise - it may be a contractual right, though, depending on your contract.

Astaroth

Never heard of any contract that gives you an automatic payrise but certainly wouldnt be illegal for them to exist.

There is no automatic right to a pay rise be it at or above the level of inflation - have certainly worked for a fair number of companies that for the majority of employees they didnt receive a payrise above inflation.

As others have said, read your contract and speak to your line manager/ HR department.

milliejon

Thanks everyone. I think I'm in the same position this year as Al Mac. Every year there's lots of talk with the unions about the cost of living increase but nothing this year. So this must mean that I actually earn less this year than last, and definately less next year! Great.