Salary increase

creeper said:
Some organisation allow you to keep a percentage of your salary back and pay it out in December. But my thoughts is that the company is holding on the money, they are scoring out of the deal. If you are disciplined enough, you can rather put that money into an investment that can generate additional income. And if you have survived without the R2000 / month over a year, rather keep on saving.
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Shouldn't force you to do it though.
 
0% this year, 0% the previous years too.
Heh, although there's been a call to join CWU which seems to have caused quite a stir.
 
SeRpEnT said:
The current inflation rate of "3.7%" is a joke! Its based on a basket of goods (propably basic sh*t like mieliepap and bread) but does not take into account MASSIVE electricity increases and MASSIVE petrol price increases amongst others. These costs form a big part of many a South African's monthly expenditures...
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Er, yeah they do.
 
I got 10% last year, and next month I think I might get another but will probably be paid in august or so, Backdated...Also they looking at salary scale regrade, I am a technician(broadcasting industry) but I earn the same or less compared to the secretaries....Cant wait wait for April...
 
3% across the board, seems the be a trend these days. The only way you get a decent increase is when you decide to change jobs. My previous job offered me an 8% increase, which looks nice on paper but effectively equates to an extra R400 in your pocket. After changing jobs I increased my salary by 150%. Salary review time the new company offer's a 3% increase.

Bottom line is for the majority of us, if you want more money, look for a new job.
 
Bottom line is for the majority of us, if you want more money, look for a new job.
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That has always held true for me personally
 
The argument that job hopping is the only way to get a decent increase isn't always true. I've worked in the same company for 10 years in pretty much the same position, and if I take my starting salary as a base I've gotten, on average, 25% p.a increases over that 10 year period (ie: I'm earning a little bit over 9 times my original starting salary).
 
In your case it worked out yes.. If I stayed in previous job, would have taken me about 12 years to get to the salary level I am on now, after being away there for 2 1/2 years.
 
the1lumpster said:
mmm, i think im being screwed, i gotta "pay" for my own 13th cheque, so hence an extra 2k off my salary every month and i pay for the tax on that every month,
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My employer does the same.
They work on TCOE so there is no real 13th cheque - just a salary restructuring.
You get paid the same amount per annum but can opt for 12 or 13 payments.
It's actually a cheek to call it a "13th cheque".
 
And then some companies wonder why their staff refuse to put out more performance-wise.... It shocks me to read all the 0% figures quoted.
 
MartyMarts said:
I don't think there are any companies that guarantee 13th cheques and many don't even offer them. So it's more of a show of good faith (or whatever) more than anything else. I was used to the good old 'Christmas Bonus' for many years at my previous company.
When I started in 2008 at the place I'm at now, they offered a decent annual performance bonus but then they scrapped that in 2009. So things are pretty 'bleh' these days.
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Ahem, I get a guaranteed 13th cheque. Even stated in my contract of employeement
 
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