What was your pay increase this year?

What was your pay increase this year?

  • I got a pay cut

    Votes: 13 3.0%

  • No increase for me

    Votes: 114 26.1%

  • Between 0% - 5%

    Votes: 124 28.4%

  • Expected average increase of 6%

    Votes: 59 13.5%

  • Between 7% - 10%

    Votes: 45 10.3%

  • Above 10%

    Votes: 51 11.7%

  • Other

    Votes: 30 6.9%
  • Total voters
    436
6spdmanual said:
That’s not good man. Hope your CV is up to date. Unless you’re already mad overpaid, you can’t accept that.
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That is kak, but job hunting is quite tedious. Nobody is irreplaceable, and there is always someone willing to work for cheaper than you.

That might negatively affect the employer in the medium to long run, but it might also not. People are desperate for jobs.
 
Sinbad said:
Ok I guess.
Salary still lagging behind the cost of living crisis over the last couple of years here.
Slightly above current inflation rate though, but fiscal drag is a ****. Especially at the breakpoint I'm at, where the effective marginal tax rate is 60%
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It's not a very motivating range to be in, but at least once the allowance is tapered off, it's done with. There are a bunch of US allowances/exemptions/credits that do the same.
 
Bliksis said:
That is kak, but job hunting is quite tedious. Nobody is irreplaceable, and there is always someone willing to work for cheaper than you.

That might negatively affect the employer in the medium to long run, but it might also not. People are desperate for jobs.
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Nah, **** all that **** man. It’s all about you at the end of the day. Just keep hitting that apply button - you’ll never know.
 
6spdmanual said:
Nah, **** all that **** man. It’s all about you at the end of the day. Just keep hitting that apply button - you’ll never know.
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Definitely. There is something in the pipeline, I'll give it until the end of the year.

It's crazy how employers have taken the stance of "just be glad you have a job" when it comes to things like this. They are seemingly totally unconcerned by almost everyone being unhappy.
 
8% like every other year for the last 10 years... At least I am getting my 20k long service bonus as well... SARS is smiling all the way to the bank.
 
4.25% but the business did better than expected so the bonus was about 25% of annual package. Also got a discretionary 10% increase 6 months ago after asking to be checked against the market. If I get inflation for 3yrs+ with no promotion or other increase, I always ask for a market check.
 
9% increase. 15% bonus.
Was reflecting on this - with a move to euro instead of ZAR, my bonus, after tax, was effectively more cash than my first corporate annual salary.
 
Werner1975 said:
4% I must be doing something wrong.
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Percentages are meaningless without context. 4% of R1,000,000 is a lot more money than 10% of R100,000. Reading someone's increase as 10% doesn't necessarily mean they got more money than you...
 
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