Have you had a pay increase this year?

DullGreyGuy

No increase

2021 - 20% increase
2022 - 10% decrease
2023 - 0% movement

Only considering gross pay... net pay would be a drop this year. 

As a day rate contractor naturally things are a bit different and the 20% increase was due to doing a very high intensity piece of work that was never going to be done in the contractual 37.5hrs a week by a long shot. 

Exodi

6 - 8% increase

We increased our managers salaries by 6% but brought pay increases forward a quarter, so effectively a pro rata 8% annual increase.

We increased pay of our production staff wages by 9.6%, which was almost the increase to NMW for the reasons El_Torro mentioned at the start of the thread.

We remain concerned about the gap between NMW and managers salaries getting smaller every year, but it is hard for a business to provide the level of pay increases dictated by the government across our whole pay spectrum.

My wife who works for border force got a 8.93% payrise effective this month (and backdated).

Unfortunately despite our household income increasing by 7-8%, I expect we will be poorer in real terms as we expect our mortgage payment to increase by ~15% in the next few months (and that's with some mitigation), energy prices being significantly higher than before and food prices currently being on a different planet.

Grumpy_chap

No increase

Exodi said:

We remain concerned about the gap between NMW and managers salaries getting smaller every year, but it is hard for a business to provide the level of pay increases dictated by the government across our whole pay spectrum.

There can be several reasons for NMW.  Some would say that the reasons include an element of equalisation as a specific policy purpose.