2024 Annual Payrise

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Some companies often do an annual payrise.
Often in line with inflation. Just wondered what people were given for 2024, if anything.

Going first... just found out that we are getting 3% at my company. Doesnt sound too shabby. Better than a slap in the face, I guess lol.

Are you getting or gotten a rise for 2024?
365 Day 1p challenge - £371.49 / 667.95
Emergency Fund   £1000 / £1000 ( will enlarge once debts are cleared)
DFW - £TBC
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Comments

  • TELLIT01
    TELLIT01 Posts: 16,491 Forumite
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    A simple % figure really doesn't tell you much.  The business sector, profitability in the private sector etc all come into it.
  • bamgbost
    bamgbost Posts: 469 Forumite
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    Fair point. Manufacturing in Private Sector for me..
    365 Day 1p challenge - £371.49 / 667.95
    Emergency Fund   £1000 / £1000 ( will enlarge once debts are cleared)
    DFW - £TBC
  • amanda1024
    amanda1024 Posts: 409 Forumite
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    We’re still waiting for our 2023 pay rise - due August 2023, likely to be actually paid in July 2024. So I don’t think they’ve started thinking about 2024 yet… (public sector)
  • Strummer22
    Strummer22 Posts: 605 Forumite
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    edited 22 March at 11:48AM
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    10.1%, with a promotion. Private sector engineering consultancy.

    General increase was 6%.

    Edit: plus 5% exceptional bonus which I also received with my previous two promotions at this company. 
  • annabanana82
    annabanana82 Posts: 3,024 Forumite
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    Public sector, we won't find out until May/June what this year's pay increase will be. They aim to pay in July back dated to April. I'm assuming it'll be around 3.5%, however sounds like strike action is likely in my department so may impact the dates above.
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • jefaz07
    jefaz07 Posts: 546 Forumite
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    edited 21 March at 7:12PM
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    Last year - 9% with a one off £1000 payment.  
    This year - CPI+1% as published in April. Plus £750 one off payment. Backdated to Jan

  • LightFlare
    LightFlare Posts: 547 Forumite
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    Public Sector NHS

    they haven’t even put in the pay review body recommendations yet so who knows.

    funny how the MPs managed to get theirs in while inflation was (allegedly) higher.

    could go one of two ways- they will either give a decent offer to try and buy votes or totally screw us over knowing they won’t be around next year anyway to deal with the fallout.

    They will probably go with a middle ground and give B5 and below a good % and screw over the smaller group of most experienced staff (as usual)
  • Dakta
    Dakta Posts: 568 Forumite
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    private sector IT -  just over 4%, I was nervous about it because last year my old manager tried to back out of giving me anything at all after promising a similar amount. Had lots of issues last year but my new manager graded me quite positively and so I'm happy, he's done things fair. 
  • housebuyer143
    housebuyer143 Posts: 3,346 Forumite
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    Council and we got 5%.
    Husband in manufacturing sector and got 15%.
  • elsien
    elsien Posts: 32,766 Forumite
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    edited 21 March at 10:16PM
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     Social care, voluntary sector. Given there is a current round of redundancies and restructuring going on, I’m not expecting anything.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
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