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Annual Payrise this year

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  • I'm supposed to be getting 1.8% next month, once the end of year review is done this should increase further but as CS no idea what this will be, paid in July/August backdated to April.

    Also meant to be moving to capability based pay, but no one knows quite what that'll look like. Rumours I may start being paid for holding a professional qualification. 

    I did well this FY with a 12/13% increase 
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • mcpitman
    mcpitman Posts: 1,267 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    3% annual payrise, but also an 11% increase in base salary due to performance and promotion that delivered.

    They would be great numbers in any normal year but with inflation how it is, disappointing to stay neutral in real terms,
    Life isn't about the number of breaths we take, but the moments that take our breath away. Like choking....
  • bamgbost
    bamgbost Posts: 482 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Its a 5.75% Annual rise for us. So not great.. but not bad either. Was hoping for circa 7%. never mind.
    365 Day 1p challenge - £371.49 / 667.95
    Emergency Fund   £1000 / £1000 ( will enlarge once debts are cleared)
    DFW - £TBC
  • Getferret
    Getferret Posts: 51 Forumite
    10 Posts First Anniversary Name Dropper
    Private sector 9.7%. Annual rise usually starts April, due to cost of living has been brought forward to start February. Plus 3% performance bonus due mid year. 
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