Salary increases

I'm not looking for a big increase, just something to help out with inflation. My youngest is starting primary school next year as well that's going to make another dent...
 
During the 6 years in which I was in the IT Industry, I only received inflation related increases - Only when I moved jobs did I get a decent jump in salary but the changing jobs thing became tedious.

I then was offered a spot in the family business and left IT completely. I have worked hard and am now manager in line to own the business one day and have been rewarded greatly along the way.

I am very greatful to be semi self employed, as in, when I get my butt off the chair it is for me and not just for a boss \ shareholder!
 
I received a ±9000% increase in salary since I started my employment at my current company almost 31 years ago.:)
 
Elax said:
I'm not looking for a big increase, just something to help out with inflation. My youngest is starting primary school next year as well that's going to make another dent...
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Also my biggest worry.
 
7% on a (ball park)55K+ salary., and 100% bonus last year.
 
17% but I did start working on another project with better hours, traffic and just all round better quality of life. Bonuses will in all likelihood be a lot (a **** load actually) less so it nullifies my increase really... but I'm OK with it. No amount of money is worth loathing going to work everyday :p
 
Hamster said:
17% but I did start working on another project with better hours, traffic and just all round better quality of life. Bonuses will in all likelihood be a lot (a **** load actually) less so it nullifies my increase really... but I'm OK with it. No amount of money is worth loathing going to work everyday :p
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Until they make you go back ;)
 
semaphore said:
Until they make you go back ;)
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**** that :mad: If I have any say in the matter I won't go to that project again. Learnt all I could from it and nothing left there for me really (and working off site is great because the office location sucks balls with traffic and all). Although I really don't want to leave the company :/
 
Hamster said:
**** that :mad: If I have any say in the matter I won't go to that project again. Learnt all I could from it (and working off site is great because the office location sucks balls with traffic and all) although I don't really want to leave the company :/
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But don't you wanna be on team awesome ?:P
 
semaphore said:
But don't you wanna be on team awesome ?:P
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Don't get it wrong - that team (the rockstars anyway) can build pretty much anything and I do miss working with some of them. Just not on that project :p
 
Our last 4 year negotiation was for CPI+1% for the first 2 years, thereafter CPI% for the other 2 years. In addition to this, we have tiered salary bands which increase your salary every year as you gain experience. Then we usually get in the region of a 13th cheque for doing arbitrary extra stuff around the workplace.
 
semaphore said:
7% on a (ball park)55K+ salary., and 100% bonus last year.
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Let's use this one as an example. Someone tell me if my reasoning is wrong please.

A 7% increase for 2013, where CPI was at 5.77%. So, a "gain" of 1.23%. However, the increase is gross, before tax.
Tax is like 35% or something. So, even with a 7% increase, you're not maintaining.

No?
 
Modeus said:
Let's use this one as an example. Someone tell me if my reasoning is wrong please.

A 7% increase for 2013, where CPI was at 5.77%. So, a "gain" of 1.23%. However, the increase is gross, before tax.
Tax is like 35% or something. So, even with a 7% increase, you're not maintaining.

No?
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Yes tax is painful, very much so. But i got 10% last year.
 
bromster said:
Our last 4 year negotiation was for CPI+1% for the first 2 years, thereafter CPI% for the other 2 years. In addition to this, we have tiered salary bands which increase your salary every year as you gain experience. Then we usually get in the region of a 13th cheque for doing arbitrary extra stuff around the workplace.
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Yeah, this is exactly what I'm talking about. CPI based increases are not OK in my mind.
 
Hamster said:
Don't get it wrong - that team (the rockstars anyway) can build pretty much anything and I do miss working with some of them. Just not on that project :p
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That is the problem with that company and that project, they cause segregation among each other.
 
Modeus said:
Yeah, this is exactly what I'm talking about. CPI based increases are not OK in my mind.
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Bare in mind that SARS raises the income tax brackets every year so you pay less tax on the same amount as the years go on. But you're right - CPI increases are BS (and this goes for miner and metal worker salaries too - those guys actually earn **** all)
 
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