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
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.
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So what I did was, everytime I received a promotion or increase, I only ever spent about 70% of that on living. I always saved 30% or more. Lifestyle creep is a real problem if you don't do that.

So now, I'm just eating into that 30% savings every year, and with no increases, it is now only a 15% savings rate. So I'm in trouble in a couple years without an increase.
 
Gaz{M} said:
So what I did was, everytime I received a promotion or increase, I only ever spent about 70% of that on living. I always saved 30% or more. Lifestyle creep is a real problem if you don't do that.

So now, I'm just eating into that 30% savings every year, and with no increases, it is now only a 15% savings rate. So I'm in trouble in a couple years without an increase.
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That makes a lot of sense (on paper).

Thanks for the insight.
 
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...
Last year I got a ±2.5% increase, the first one in about 5 years. I turned 61 last month and I also achieved 40 years of service at the same company last year. I then had a proper look at the company's pension fund's statistics and saw that the pensioners over the (at least) last 10 years constantly received a bigger increase than what the employees was getting. So, going on pension will mean that I will be getting better than inflation increases every year. A decision was made and my last day at the company is end of March. 21 Calendar days, 14 days at work from now I will be leaving the company, going on early pension.
 
I just did a check from last March to this March its a 24% gross increase. That includes and extra afterhours allocation (so more work)

I seem to be in more debt somehow
 
I just saw my increase letter. I got 5% increase last year, 4% this year. I got my bachelors in between. What even?
 
Akasha said:
I just saw my increase letter. I got 5% increase last year, 4% this year. I got my bachelors in between. What even?
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In most cases that wont change your market related rate. It does help with promotability, employability and should make it easier to get interviews.
But its still up to you to raise it with your manager if you feel you are not being paid a market related salary. In some companies they don't even know how much you earn.
 
Akasha said:
I just saw my increase letter. I got 5% increase last year, 4% this year. I got my bachelors in between. What even?
Click to expand...
Time to move onto something that leverages your education. Hopefully higher pay and better job security.
 
B-1 said:
In most cases that wont change your market related rate. It does help with promotability, employability and should make it easier to get interviews.
But its still up to you to raise it with your manager if you feel you are not being paid a market related salary. In some companies they don't even know how much you earn.
Click to expand...
www.offerzen.com

Front End Developer Salary Trends in South Africa

OfferZen flips the normal recruitment model around, so instead of applying for jobs, companies send you interview requests with upfront salary.
www.offerzen.com www.offerzen.com
1716472180618.png

Slightly below average on 2-4 years, which isn't that bad, I guess. But I do think it's time to move on
 
That salary scale correlates well with the Tech Writer scale. But I'm earning nowhere near my experience level :D
 
This thread was started so early... I am very curious to see if I will get an increase this year, seeing as I started a new job at the start of the year. Salary reviews are coming soon, so I am interested to see what they will say. I generally don't expect much from raises (usually they match or beat inflation by 1 or 2%).
Akasha said:
www.offerzen.com

Front End Developer Salary Trends in South Africa

OfferZen flips the normal recruitment model around, so instead of applying for jobs, companies send you interview requests with upfront salary.
www.offerzen.com www.offerzen.com
View attachment 1714191

Slightly below average on 2-4 years, which isn't that bad, I guess. But I do think it's time to move on
Click to expand...
Good luck with your job search! Yip, if I were you (I was in a similar situation), I wouldn't waste time trying to talk to the manager or people higher up... get that offer and then resign. If they want to keep you, and you want to stay, they will come to the table with their purse. If not, keep moving forward :). Also, if you can, try and aim for bigger numbers; don't peg your earnings to the market average :).
 
Technically up 25% from my previous job last year, plus major cost of living decrease

But I've used it poorly so it feels like less, expecting a increase this season, that and then work on spending habits.

FFS my bill at the nearby canteen is R2700 this month.:X3:
 
This is the most retarded question. 1% of 100,000 > 80% of 1,000.

Percentages mean nothing without a number to give it relevance...
 
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