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Question of the day ~ Should South African banks ditch branches?
2021 Salary increase / bonus
- Thread starter Nemus
- Start date
Ares1000101
Senior Member
- Joined
- Jun 6, 2011
- Messages
- 706
No increase last year, but 70% bonus.
This year we have a 4.4% increase, which is subject to change after the numsa strike...
This year we have a 4.4% increase, which is subject to change after the numsa strike...
geezer
Expert Member
- Joined
- May 12, 2006
- Messages
- 3,717
No increase for me because I am considered to be "above the band". I had a good number of above average merit appraisals in the past and subsequent above average increases. Seems that me working hard bit me in the ass in the end, because I now am at a salary ceiling until I go on pension.
Herr der Verboten
Honorary Master
- Joined
- Feb 14, 2012
- Messages
- 16,350
You need to go and loot to get your raise, right?
Anti-Chris
Senior Member
- Joined
- Apr 24, 2017
- Messages
- 895
Lucky you... We took a 20% pay cut last year for 3 months with no increase after that and no increase this year either with a very likely possibility of complete shut down and retrenchment in the next 2 weeks...
GhostSixFour
Username approved by US Airforce
- Joined
- Nov 9, 2009
- Messages
- 15,895
Changed my salary to Euros. So bonus has been lifestyle.
Neuk_
Executive Member
- Joined
- Jan 23, 2018
- Messages
- 6,469
"Increase" 
I remind my managers every year that I haven't had an "increase" since I rejoined the company, the handful of % we might get every year is a cost of living adjustment, which we haven't had any for nearly two years. We all took a pay cut last year but did receive some TERS payments, I got a small bonus at the end of last year and we wait to hear our fate at the end of this year.
I remind my managers every year that I haven't had an "increase" since I rejoined the company, the handful of % we might get every year is a cost of living adjustment, which we haven't had any for nearly two years. We all took a pay cut last year but did receive some TERS payments, I got a small bonus at the end of last year and we wait to hear our fate at the end of this year.
Kung Fu Porkchop
Expert Member
- Joined
- Jan 29, 2013
- Messages
- 1,532
What is a bonus? Can you eat it?
Anti-Chris
Senior Member
- Joined
- Apr 24, 2017
- Messages
- 895
Well that's life though.... Just starting to get annoyed with this... This will be the 2nd time in 4 years I will be involved in a retrenchment where the company closed down completely...
Seems like I am drawn by companies that is in trouble...lol
redspark
Expert Member
- Joined
- Oct 12, 2012
- Messages
- 1,749
I need to change employers
We get max 25% . Last bonus was for 2019/20. Nothing yet on 2020/21. Last salary increases was 2019/20.gertvanjoe
Expert Member
- Joined
- Apr 10, 2013
- Messages
- 1,727
You just got your increases earlier than everyone else. That's a good thing.
gertvanjoe
Expert Member
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- Apr 10, 2013
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- 1,727
7 for the last six months of fy 2020, 4 this year. No bonus last, 15 this year.
Nemus
Expert Member
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- Oct 12, 2012
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- 1,942
Yeah I joined this company just before COVID struck, and previous company of 4 years didn’t pay bonuses.. so I haven’t eaten a bonus in a while.. here’s to remaining hopeful.
But if not, it’s also ok as we at least didn’t take any salary cuts, so very grateful for that
But if not, it’s also ok as we at least didn’t take any salary cuts, so very grateful for that
koffiejunkie
Executive Member
- Joined
- Aug 23, 2004
- Messages
- 9,504
More money earlier. Stick it in your RA/TFSA/inevestments/whatever and make the most of the time. Maybe use your current rate to negotiate for a new job.
Note to self: Don't hire this guy