Received my salary "increase" letter

[StonerStuart]

What industry are you guys in that you get more than 20k annual increases?

Obviously the right industry!

 

[CamiKaze]

Well I received my increase and bonus letter today as well. Time to jump.

 

[PoisonedPawn]

What industry are you guys in that you get more than 20k annual increases?

Government!

 

[CamiKaze]

Government!

For real? I thought that financial companies is the place to be.

 

[PoisonedPawn]

For real? I thought that financial companies is the place to be.

Depends - during bad economic times, government is good; other times it sucks

 

[StonerStuart]

For real? I thought that financial companies is the place to be.

C'mon!!!

I too am part of gov, but that increase must place him in the ANC!

 

[PoisonedPawn]

C'mon!!!

I too am part of gov, but that increase must place him in the ANC!

Unfortunately don't have the family connections to make it pay - just part of the :erm: "old" middle management that has been stuck in place for the last 20 odd years.

 

[Rocket-Boy]

Our company is doing quite well so I expect a decent increase this year.

 

[HavocXphere]

What industry are you guys in that you get more than 20k annual increases?

Its all relative - for someone in the top income tax bracket thats a sub 3% increase - meaning said person is poorer than he/she was the year before (in purchasing power terms).

 

[rorz0r]

If you're not at least getting inflation then it's time to get out... I moved because I received an increase not much more than CPI. Funnily enough company targets for growth are well over 20% but if they do an actual of 1% less than that it's a "bad" year and you should be happy with inflation... Then the targets for next year are again 20%+

 

[Necuno]

This company thinks it's a f**king comedian.

That's nice... so far the only increase was due to myself cutting back on ****.

 

[googoodoll]

I got about 20% increase this year, which is better than last years 6%
Though I'm not complaining about the 6...

 

[longboy]

I'll give myself a CPI related increase this year April.

 

[pjjdp]

Last year we received 5.5% which is less than CPI. I just resigned and will get slightly more salary and same perks at my new job, but with better working hours.
I'm not expecting an increase at the new job till next year.

 

[Sonic2k]

Last year 0%
This year I expect 0%, reason being is they're already bitching and moaning about expenditure on R&D.
Since as mentioned elsewhere, this is just a temporary I am not going to complain at all. I have now got a means to earn far more money anyway, and besides that, I cut my cellphone contract and DSTV which now nets me an effective increase of R1300 per month, not counting how much extra I bring home. So ja, who cares!

 

[EchoZA]

15.5% with 2 months back pay...

 

[Ms_S]

Government!

I thought government is only getting 7.2% increase this year? And hopefully by April!

 

[Drifter]

The company I work at, I wont take the Liberty to mention the name, thae avg incraese was 2%, top performers got 3%. Most got 0%.

 

[Icarium]

R500 odd rand? Ouch. That really is a joke (unless Ninja'd is earning a really crappy salary).

 

[Sonic2k]

R500 odd rand? Ouch. That really is a joke (unless Ninja'd is earning a really crappy salary).

I have personally experienced increases like that. Needless to say I no longer work for those companies and one of them has since gone under. Wonder why