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Annual Payrise this year
bamgbost
Posts: 479 Forumite
Not sure a similar thread exists. So thought to start one.
Whats the general consensus with regards to payrises across the UK. And wondered if people would share what they have either recently gotten or are due to get.
I will go first lol!
I work in the private sector and in 2021.. there was no payrise due to covid, business issues and trying to preserve jobs. As probably was the case across most businesses
Now in 2022...we have just been informed of a 3.25% rise. which seems ok, but will be eaten by 6%+ inflation and the NHS surcharge coming in. but hey i guess i should be grateful at least.
Wonder what else people are due to receive this year. pls do share below.
Whats the general consensus with regards to payrises across the UK. And wondered if people would share what they have either recently gotten or are due to get.
I will go first lol!
I work in the private sector and in 2021.. there was no payrise due to covid, business issues and trying to preserve jobs. As probably was the case across most businesses
Now in 2022...we have just been informed of a 3.25% rise. which seems ok, but will be eaten by 6%+ inflation and the NHS surcharge coming in. but hey i guess i should be grateful at least.
Wonder what else people are due to receive this year. pls do share below.
365 Day 1p challenge - £371.49 / 667.95
Emergency Fund £1000 / £1000 ( will enlarge once debts are cleared)
DFW - £TBC
Emergency Fund £1000 / £1000 ( will enlarge once debts are cleared)
DFW - £TBC
0
Comments
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0% this year0% last year0% year before.Private sector, East Midlands.0
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Nothing mentioned, assuming £0 private sector
Last year £750 public sector
Year before £450 public sector
ScotlandMortgage started 2020, aiming to clear it in 2026.0 -
Public sector
Last year £0
This year, we had encouraging signals back in January, but that seems to have been watered down somewhat. I have a sneaking suspicion that it may well be the newly promotion that do well, those that have been in grade a number of years will get a token amount due to some nuances in the pay scales.
Should find out for definite in the next 4 weeks, either way it's not going to match inflation.
My only hope is that they may start to pay me for the qualification they have tried to mandate...Make £2023 in 2023 (#36) £3479.30/£2023
Make £2024 in 2024...0 -
Highest pay rise in last 10 years was 3.5%. This year it's 7.08% but this is simply to keep our pay around 30 pence above the minimum wage.1
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oh wow....doesnt sound all that great out there does it.
So where is the headlines that wages rises are at record levels come from? @ like 5% ish.
Perhaps its just the MP rises, they taken into consideration365 Day 1p challenge - £371.49 / 667.95
Emergency Fund £1000 / £1000 ( will enlarge once debts are cleared)
DFW - £TBC0 -
Increases in both the minimum wage and living wage skew the overall figures.3
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tThrugelmir said:Increases in both the minimum wage and living wage skew the overall figures.
Good point.
Any one else out there getting a rise?365 Day 1p challenge - £371.49 / 667.95
Emergency Fund £1000 / £1000 ( will enlarge once debts are cleared)
DFW - £TBC0 -
2020: zero
2021: 1.5%
2022: 1.75%
At least it's an upwards trend...
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Does this thread help?
https://forums.moneysavingexpert.com/discussion/6341414/inflationary-pay-increases/p10 -
Private sector - Getting a bit of a bonus, but still waiting on news of my annual review to see if my salary will change and what any annual pay rise for this year will be (it did last year by about 2% iirc)
The job I had before this one had no annual payrise at all, it would only change if NMW was going to overtake it though it was always set a bit above.0
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