Pay rise

emssxx

Hi all, in April we get a pay rise from work. I’m  just wondering how much percentage should the pay increase by? Especially with inflation. It’s rising by 7% 

chubsta

well I got 1% so I think 7 sounds reasonable...

noitsnotme

As long as you are still paid the legal minimum wage afterwards, your employer can make as much of a raise (or even none at all) as they see fit.

As above, 7% is likely to be significantly better than many others.

DullGreyGuy

emssxx said:

Hi all, in April we get a pay rise from work. I’m  just wondering how much percentage should the pay increase by? Especially with inflation. It’s rising by 7% 

what do you mean how much should it be? 

Is the company managing to be more profitable this year than last or is the inflation hitting their bottom line? 
What are you doing more of or better to increase the bottom line that you werent last year?

Unless the company is outperforming inflation then inflation is more likely to go against raising wages but that has to be balanced against a happy workforce (though salary is a hygiene factor according to the motivationalist theories).

Salaries in my current client are going up between 0% and 14% depending on seniority (higher are getting lower) and individual performance. Those on under £45,000 also got a one off bonus thats not part of their normal pay structure. 

emssxx

Thank you all for the comments 

TELLIT01

There is no legal entitlement to any payrise as long as the hourly rate doesn't drop below the minimum wage.  7% seems far more reasonable than the 20 to 30% (and higher) figures being demanded by some unions.  There is no point demanding a payrise which will either result in the failure of the employer, or redundancies to staff.

MalMonroe

Hi, I think that's good for these tough times.

My state pension is going up by 10.1% but my rent and council tax and water bill are all going up as well so they just cancel each other out. Oh well, it was nice while it lasted and I guess I've lost nothing?  Happy days!  I think.