Was your salary increase enough?

S

sox63

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I had a look at my payslip to find that I received a 5% increase. On the face of it, it more or less in line with CPIX inflation. However, as increases in the cost of living outside what StatsSA uses in their basket of goodies are ballooning at a rapid rate, this cant be enough right?

There needs to be someway that employers/state/labour can agree on including the rising electricity, medical, security, education, etc costs into how they detirmine increases. The old way is just not working currently.

It seems I may have to go back out onto the job market at this rate JUST to maintain my lifestyle!

Your thoughts?
 
I know how you feel ... and it just gets worse every year ... the worst part for me is that employers at a new job will pay you a small increase on what you earn, even if the salary for the job you getting is much more. I really don't know why my current salary should determine my next/future salary at a diff company!!
anyways ... good luck with the job hunting
 
Since we have our own business, I did not take any increase this year.

In return, I have to add that my workload is much less because we changed clients and the current projects are not too labour-intensive at the moment.
 
Yeah, I entered the job market a few months back in order to actually progress with salary - so ended up with 25%+. Two years of performance reviews on the lines of
...your career should really be taking off now, but (the dreaded but), the company is barely managing to keep its head above the water so we've managed to give you slightly over inflation. We'll definitely review within the next few months. You've got a very exciting future here at our company!
Click to expand...

Sorry, but empty promises don't pay the bills....
 
Percentages comparisons are a bit pointless.

10% on R30k is a lot better than 10% on R5k.
 
Still waiting for one, but 100% sure it won't even cover half of the price of living increases over the last year.
 
markface said:
Yeah, I entered the job market a few months back in order to actually progress with salary - so ended up with 25%+. Two years of performance reviews on the lines of

Sorry, but empty promises don't pay the bills....
Click to expand...

Yep, thats the same scenario I'm hoping for as well, in fact I will not move for less than that tbh.

I made a few calculations and realised my basics have increased by about 20% compared to the same period last year! Need to clean up my job sites CVs...

:D
 
I got about 5%... Not gonna mean much after all the other increases come into effect. :mad:
 
I got a 20% raise with a promotion last October and a 7% raise this Feb. Not bad, enough to keep me in the job.
 
Ive had my pay doubled in the last year, so I cant complain, will let you know more once my pay has settled.
 
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