2019 Salary Increase

Rouxenator

Dank meme lord
Joined
Oct 31, 2007
Messages
35,386
Well, I'll add this then, seems I have been doing very well compared to the rest of you - despite it not being as good as before due to the cost cutting drive in play.
 

LOTR

Well-Known Member
Joined
Sep 5, 2013
Messages
408
big bank here, and there was a cap of 3% for everyone.
luckily i got that, and had a concurrent promotion, so an additional 6% the month after increases. Else i would have been slightly peeved.
You probably work for the same institution as I do - also got 3%, but no promotion though.
 

marco79

Expert Member
Joined
Sep 18, 2008
Messages
3,247
Yesterday we realized we haven't received our increases yet. We work for a small private company (about 20 employees). Normally our salaries are adjusted with our end May pay.

Last year I got 6.5% increase and a full 13th cheque bonus in December.

Our industry is on shakey grounds with SANRAL not approving any projects. So I guess we can't all get increases if the company doesn't secure work for the next few years. Our company is currently having it's most profitable 2 years in a long time.

But, I know a few of my colleagues will leave if we don't get increases soon.
 

Zyk1

Expert Member
Joined
Nov 6, 2014
Messages
1,235
Gonna hear today about increases.
I think it's gona be ****all
 

t_girl

Well-Known Member
Joined
Jan 26, 2009
Messages
303
company-wide was 6 - 8%, I got 13.5 as it also came with a promotion...
 

Smokey888

Well-Known Member
Joined
Oct 16, 2014
Messages
248
we will only know mid-end June but sounds like 5-6% across the board. Been like that since I started working at my current employer. Everybody gets the same. Only once did I get a 23% increase due to excellent performance. was motivated all the way from the CEO. no body else in my department ever got more than 6% that I am aware of, and everybody shares and debates the topic every year at increase time.
 

Messugga

Honorary Master
Joined
Sep 4, 2007
Messages
10,386
5% increase for me. Can't complain really as most of the banks aren't quite hitting that and my base salary is fairly good. After SARS takes its cut, inflation is definitely felt though.
 

Polly101

Senior Member
Joined
Nov 7, 2011
Messages
951
People who "underperform" are getting 2-3%, those who perform will get 4.5% (End July)
 

Polly101

Senior Member
Joined
Nov 7, 2011
Messages
951
Seems reasonable, and those up their managers arses?
I have had one report (unconfirmed) of the sales target measurement criteria being changed mid-period to allow the favourite to meet the budget, everyone else thrown under the bus
 
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