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Pay rise promise
Comments
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LeighBrown23 wrote: »Thanks everyone, my manager said our fianancial year ends in September. He approved this back in Sept (when it ended) and since then said there has been delays in putting it through.. He said it would be in Oct’s pay then it went to Nov. Now I’m back to getting nothing but verbal apologises and that he’s trying to get this actioned but our directors are being slow at the accounts. I feel I’m being taken for a ride.
I agree. A payrise should not require director approval unless it's very significant.
Accounts wouldn't typically cover this, it would be a payroll issue.0 -
Many companies all pay rises go to senior level as they form part of budget sign offs.0
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I would just find a new job personally.
If the company is not giving you a pay rise in 3 years unless you ask and then when you do ask and they agree to it they do not follow through - I think that says a lot about the firm. They either do not value you, are happy to take the proverbial or do not have the money.
In any event, none of those are healthy for a working relationship.
I get asked for pay rises and I either say yes or no. If I say yes, they get the pay rise at an agreed time - that could be the next month or the next tax year. But the person knows when it will kick in and is not left hanging around waiting for an answer. If they were owed money, I am sure they would have people invoicing for it and taking it to court.
If you do find a new job and they then kick in with a new pay rise, I would tell them where to put it and explain that it is too little too late. You should not be left asking for something you have been promised.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Thankyou ACG for your advice. You’ve hit the nail on the head. Ultimately I think it’s clear what I need to!0
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They are taking you for a ride. Regardless of what the process for signing it off is, if your manager said it should have taken effect from October, it should have taken effect from October.
They also took you for a ride by getting you to pay for the diploma qualification. Unless of course it was entirely your initiative to take it. Assuming it wasn't, effectively you have had a double whammy of a pay cut. Firstly you have been doing more valuable work for the same pay, which is economically no different to doing the same work for less pay. Secondly you have been doing it for less pay, because the cost of the diploma comes out of your earnings.
Time to start looking for another job.0
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