-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: What's the most interesting small town you've visited in South Africa?
Yearly increases
- Thread starter Codebreaker007
- Start date
LandyMan
Honorary Master
WOW, 5.5% is good ... guaranteed that is above the national average ... so rather be thankful, some people are not getting anything
minimum wage is up by 9.6%. We have implemented 7-8% for all salaried staff as a starting point. Any one on performance review or had a disciplinary during the year receives 0%. Strong sales reps or operation supervisors up 15-20%.
We need higher increase given its evident alot of our supervisors and team leaders that we managed to help get out of the minimum wage "life" into something better are having to cut back (medical aid cancelled, kids moved out of good schools etc). However on the opposite side you have the board and shareholders questioning why you want to over pay for jobs where you have tons of applicants for.
Very easy to deny someone a deserved increase when you dont have to have the conversation with them yourself.
We need higher increase given its evident alot of our supervisors and team leaders that we managed to help get out of the minimum wage "life" into something better are having to cut back (medical aid cancelled, kids moved out of good schools etc). However on the opposite side you have the board and shareholders questioning why you want to over pay for jobs where you have tons of applicants for.
Very easy to deny someone a deserved increase when you dont have to have the conversation with them yourself.
Napalm2880
Expert Member
I didn't say that. I think they have accurately calculated CPI, based on a basket of goods that isn't relevant to the middle and upper class.
Yearly increases
When do yearly increases usually kick in? For us its March (new financial year) Its my first year as a SAICA trainee accountant and I'm really curious as to what percent we'll be getting What do you guys think is a fair % increase y/y?
mybroadband.co.za
Speedster
Honorary Master
How about the basket of goods they calculate for the top 10% of spenders. Is that relevant to the middle and upper class?I didn't say that. I think they have accurately calculated CPI, based on a basket of goods that isn't relevant to the middle and upper class.
Yearly increases
When do yearly increases usually kick in? For us its March (new financial year) Its my first year as a SAICA trainee accountant and I'm really curious as to what percent we'll be getting What do you guys think is a fair % increase y/y?
I would have been ecstatic if I got a 5.5% increase after a 5 year drought of no increases.
Messugga
Honorary Master
Dude, that's madness. Change jobs?
I would have been ecstatic if I got a 5.5% increase after a 5 year drought of no increases.
The only person not responding at present is OP...What do Trainees earn now as a starting salary, if i may ask?
Back in 1998 I started with R2100 pm before tax
I should add that I was still studying part time to finish my Degree though.
FiestaST
Honorary Master
Without prying too much but how do you afford to actually live! Unless of course you had a high baseline to work from.
I would have been ecstatic if I got a 5.5% increase after a 5 year drought of no increases.
a 60 year old white male does not have many options to change employers. I'm planning to leave the company end of November after 40 years of service.
It's getting tougher each year with everything going up. for example, my medical aid went up almost R1k at the beginning of the year.
@Codebreaker007 this is your notification to join your thread
Stop viewing the ebucks thread and join your conversation
Speedster
Honorary Master
I'm also outdated but more recent than you. I was big 4 in Durban in 2009. Started on R8800 per month. Ended on about R17k per month. Short US secondment was R20k per month excluding all the other add on and allowances.What do Trainees earn now as a starting salary, if i may ask?
Back in 1998 I started with R2100 pm before tax
I should add that I was still studying part time to finish my Degree though.
Cius
Honorary Master
Same. Barely covers my medical aid increase of around 10% much less food etc that is going through the roof.