Annual Payrise this year

Intoodeep

In my 40th year of Employment with the same firm had a Pay rise EVERY January , and also last June.

GiantTCR

Intoodeep said:

In my 40th year of Employment with the same firm had a Pay rise EVERY January , and also last June.

and that's how companies retain staff for decades. By recognising the effort employees make and reward them.

Brie

Got the highest payrise ever in 14 years from my employer last year - 3% payrise and 4% bonus - which was great.  And then they announced we were being made redundant which, for me, was even better!!!  Basically a 100% bonus at nearly retirement age. 

I've now got a tiddly job which I like, doesn't pay well which doesn't matter and within 4 months of starting I'm getting a 9% increase - but as others mentioned previously is mostly to keep me above minimum wage.  I'll take the money, might give some of it back (it's a charity) and the rest I'll probably spend on art supplies cuz now I've got the time.

Doshwaster

We don't find out the 2023 rise until March.

I suspect that they will do the same as last year - pay a decent bonus and a minimal pay rise. 

RichardD1970

Private sector.

2 year pay deal.

2021, 2% +£1000
2022, RPI + 0.5%, so that ended up as 12.3%


The company did request that a lower amount, 6% with a £5000 lump sum be taken, but on a ballot that was soundly rejected. 

This years round of pay negotiations should be interesting. 

Doshwaster

RichardD1970 said:

Private sector.

2 year pay deal.

2021, 2% +£1000
2022, RPI + 0.5%, so that ended up as 12.3%


The company did request that a lower amount, 6% with a £5000 lump sum be taken, but on a ballot that was soundly rejected. 

This years round of pay negotiations should be interesting. 

Never known a ballot in my working life, any pay rise has always been on a "take it or leave it" basis

mcpitman

RichardD1970 said:

Private sector.

2 year pay deal.

2021, 2% +£1000
2022, RPI + 0.5%, so that ended up as 12.3%


The company did request that a lower amount, 6% with a £5000 lump sum be taken, but on a ballot that was soundly rejected. 

This years round of pay negotiations should be interesting. 

Nice negotiation on the RPI +0.5% in 2022!

Kerreh

Private sector, West Midlands.

2022 5% 
2021 No increase
2020 No increase
2019 No increase
2018 No increase
2017 1%
2016 1%

GingerTim

Higher education

each August there's:

• an annual progression increment of about 1-2% until you reach the top of your grade
• an annually bargained pay award across the sector of, going on the past decade, an average of between 1 and 2% (a greater increase for those on lower grades), though impending strike action may get us a higher offer for this year's round. 

I'm extremely fortunate that I was promoted in August 2022 so my increase was about 11%.

RichardD1970

Doshwaster said:

RichardD1970 said:

Private sector.

2 year pay deal.

2021, 2% +£1000
2022, RPI + 0.5%, so that ended up as 12.3%


The company did request that a lower amount, 6% with a £5000 lump sum be taken, but on a ballot that was soundly rejected. 

This years round of pay negotiations should be interesting. 

Never known a ballot in my working life, any pay rise has always been on a "take it or leave it" basis

Heavily unionised sector, so collective bargaining and pay negotiations, usually every two years which we are then usually  recommended to accept by the union. 

Never known the pay deal to be rejected by the membership in 30+ years in the sector. This is the first time there was a proposed change to the agreed deal, which I could understand given the unexpected circumstances.