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Cost Of Living Increase ?

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Comments

  • TELLIT01
    TELLIT01 Posts: 18,564 Forumite
    Part of the Furniture 10,000 Posts Name Dropper PPI Party Pooper
    marlot wrote: »
    I work for a civil service department with a tight budget.

    I last had a payrise of 0.5% in 2013. Nothing since. I'm still there because it suits me for now.

    And don't forget the average Civil Service wage is over £28k. It must be true because it's quoted on the news and in papers all the time. :rotfl:
    Most of the people I worked with had a 1 as the first number, not a 2!
  • You have to be at our place with at least a year's service before becoming eligible for any rise. Can't think why FTC are so popular.....

    Even in a telesales type role meeting targets I don't earn a penny in commission!
  • elsien
    elsien Posts: 37,459 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Aren't a cost of living increase and merit increase based on performance two different things?
    Although it's academic for me as currently my company are not paying either.
    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.
  • chubsta
    chubsta Posts: 501 Forumite
    Part of the Furniture 100 Posts Name Dropper
    I found an old payslip the other day, in November 2009 I was taking home £120 more per month the I did in December 2017, I do the same job, albeit with even more duties piled on top and far more knowledge required, the same hours etc.

    But of course according to the media I am one of those highly paid civil servants who sits at a desk all day doing nothing whilst waiting for my gold-plated pension, when in reality I work shifts over 24 hours in a very high stress filthy and physically demanding environment. We were conned by our department into going into the pay freeze a year earlier than all other departments on the basis we would come out of it a year earlier too, see what happened there!

    I know plenty in the private sector have had it hard, at the bottom end particularly with low wages, zero hours contracts etc, so it seems to me like pretty much EVERYONE below the supposed 'average' wage has been made today for the mistakes of the rich and powerful, so if you have managed to get a pay increase over the last 10 years or so be grateful for the crumbs they have thrown you...
    Mortgage free!
    Debt free!

    And now I am retired - all the time in the world!!
  • Not the norm in my private sector industry at all. They offer performance related promotions & pay increases (allegedly annually but depends on how business has been) but certainly nothing based on cost of living
  • TBagpuss
    TBagpuss Posts: 11,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Not the norm. although if you are in a workplace pension the minimum employer contribution goes up from 1% to 2% so even of the employee isn't giving you a payrise, it may well be costing them more to employ you.

    I think one issue is that employers will base pay rises on what they can afford, not on what employees need / costs of living. Some things which cause cost of living to rise will also mean higher overheads for employers, but won't necessarily mean any increase in income.

    I don't think I've ever worked anywhere that gave automatic or routine costs of living increases.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • t0rt0ise
    t0rt0ise Posts: 4,656 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We’re getting 3.85% thanks to having a good union.
  • Smodlet
    Smodlet Posts: 6,976 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    OP, do you work in the NHS in Scotland? That is the only situation I have come across which awards a cost of living increase in pay. To answer your question, yes, one should be very grateful for any increase in this day and age, as I think has been made abundantly clear.
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