What was your pay increase this year?

What was your pay increase this year?

  • I got a pay cut

    Votes: 7 2.7%

  • No increase for me

    Votes: 75 28.4%

  • Between 0% - 5%

    Votes: 61 23.1%

  • Expected average increase of 6%

    Votes: 39 14.8%

  • Between 7% - 10%

    Votes: 26 9.8%

  • Above 10%

    Votes: 31 11.7%

  • Other

    Votes: 25 9.5%
  • Total voters
    264
I am willing to be paid less just not to deal with my manager.

However my company always advises how bad the economy is going then come increase time and they say how great a company we have and how SA is doing brilliantly so here is 2%, but dont worry what rating you got? 60%? so then its 1.4%.
 
Thinking of retrenching a couple staff members and putting more load on the remainders. Time for a bigger increase for me.
 
rvZA said:
Thinking of retrenching a couple staff members and putting more load on the remainders. Time for a bigger increase for me.
Click to expand...
Offer all staff a 20% increase.

Watch who celebrates, and fire them immediately.
Watch who complains that inflation is 300%, and we are in a civil war, and 20% isn't enough. These are the realists. We can work with them.
 
NarrowBandFtw said:
Other: got a sob story about the state of the industry and the poor colleagues we retrenched instead of an increase
Click to expand...

The usual wankery.

Rand weak, oil expensive, ''Macroeconomic outlook blah blah blah'', Industry as a whole struggling, I just bought a new luxury SUV, etc.
 
NarrowBandFtw said:
Other: got a sob story about the state of the industry and the poor colleagues we retrenched instead of an increase
Click to expand...
Already written the letter going out to the employees. Also started the retrenching process for 5 people.
:unsure:
 
Serious Q for those that have not got an increase in yonks:

How do you manage/cope? I mean schit (everything) is increasing rapidly, your PP (Purchasing Power not your piel) is getting eroded like a mother.

Do you come from a high baseline (bucks/salary) so you are able to absorb it all OR you just manage somewhat/make it work?

I enjoy a good financial discussion hence the Q.
 
FiestaST said:
Serious Q for those that have not got an increase in yonks:

How do you manage/cope? I mean schit (everything) is increasing rapidly, your PP (Purchasing Power not your piel) is getting eroded like a mother.

Do you come from a high baseline (bucks/salary) so you are able to absorb it all OR you just manage somewhat/make it work?

I enjoy a good financial discussion hence the Q.
Click to expand...

Used to be able to make it work, but it's becoming difficult to impossible. So I'm starting my own thing, or trying to. Doing some small deals, hopefully it will soon become bog deals.
 
5% Here. Considering that 2023 inflation was 6.1% its yet another percent below inflation increase. Add to the fact that middle class inflation is even higher than what the government publishes, and it feels like a slow strangle. 2-3 percent poorer every year for the last 7 years I would say.
 
Been having conversations with management, can't remember my last real increase past inflation.
In the dept I'm the literal 20% of the pareto law, they counter with "market related".
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter