What was your pay increase this year?

[Jackal65]

Mine is busy with retrenchment and every month since January 30 was retrenched same is true for a few engineering shops as there is a power play to replace a lot of old hands.

 

[Brawler]

5.8%

 

[Bill Clitnon]

I will get a sizable increase in a few months, but not planning to spend anything more than I usually do. I am good with NOT falling into the lifestyle creep trap.

The gf keeps nagging to move into a better more expensive place though since we can afford it, which irritates me. I might be too stingy, but it's a nice feeling seeing the stonks investment account go brrrr.

 

[Harmonic]

This is the most retarded question. 1% of 100,000 > 80% of 1,000.

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

Too many people don't understand this.

 

[Harmonic]

I will get a sizable increase in a few months, but not planning to spend anything more than I usually do. I am good with NOT falling into the lifestyle creep trap.

First 6 years of my career, my lifestyle massively improved with each increase. The last 6 years of my career I've kept my lifestyle the same but my net worth has skyrocketed in comparison.

It's the way to go.

 

[Pho3nix]

This is the most retarded question. 1% of 100,000 > 80% of 1,000.

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

True but at 1% you’re technically poorer than last year while the 1000 earner can atleast buy food now with their transport

 

[Mike Hoxbig]

True but at 1% you’re technically poorer than last year while the 1000 earner can atleast buy food now with their transport

Yeah but at 5% (R5,000) you're not getting poorer, and you're buying way more food than him with his R800...

 

[Pho3nix]

Yeah but at 5% (R5,000) you're not getting poorer, and you're buying way more food than him with his R800...

Not if I bought a new GTi and and and

 

[cguy]

This is the most retarded question. 1% of 100,000 > 80% of 1,000.

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

Agreed. I haven’t had an increase in 3 years. Poor me.

 

[Creag]

What was your pay increase this year?

What did you get @MartinGB?

 

[Sideshow Bob]

2.5%

 

[Sideshow Bob]

This is the most retarded question. 1% of 100,000 > 80% of 1,000.

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

Based on richie rich mybb posts, take 1 Mil as a minimum salary and then calculate.

 

[Sideshow Bob]

Agreed. I haven’t had an increase in 3 years. Poor me.

bruv, your company will have to file for bankruptcy if they give you another increase.

 

[rh1]

So will be getting a 5% increase next year. With my latest increase, I will still be about R150k p.a. less than what I was earning pre Covid in 2021.

 

[PaulGherkin]

0%

 

[SHL]

Whatever it is, inflation will eat it up.

 

[Mzezman]

Whatever it is, REAL inflation will eat it up.

Fixed that for you

 

[rh1]

Whatever it is, inflation will eat it up.

My 5% increase will not even cover my daughter school fees jump from primary to high school.

 

[Werner1975]

The medical aid increase wipes out my increase

 

[Cius]

My 5% increase will not even cover my daughter school fees jump from primary to high school.

Sam boat. School fee jump from primary to high school is R1770 up to R5300. Two kids in high school from next year. My wife has had to go back to work to cover it. My increases barely cover the debit order increases if I am lucky, with medical aid increases always being the biggest one.