Yearly increases

Without being captain obvious you need to take into account how much of your X% is actually extra take home bucks. Amazingly some folks forget that & only look at the “high“ gross figure.
 
Napalm2880 said:
Accept it graciously but don't keep still. Treat yourself as a business, and if business is better elsewhere then make a move.
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Yep. Moving at the end of next month for about 30% more base salary. They wanted to counter when I gave notice. Unfortunately for them I'm not moving only for the money.
 
Never take a counter...if u do, you are a bigger criminal than your employer
 
JSRJJ said:
Never take a counter...if u do, you are a bigger criminal than your employer
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I don’t agree with this. If the counter addresses the original concerns, and the new place isn’t particularly compelling, then why not?
 
seems there was no proper communication between boss and employee before counter was offered and without proper communications if one starts looking and then ur boss offers a counter, you working for none other than some assholes
 
JSRJJ said:
seems there was no proper communication between boss and employee before counter was offered and without proper communications if one starts looking and then ur boss offers a counter, you working for none other than some assholes
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For a purely monetary counter, sure, but if the issue brought up is the person’s boss or sub-organization, the counter could include a different boss or even moving to a different sub-organization.
 
geezer said:
True...
My last increase was 5 years ago. Due to me working very hard for many years, pushed into a higher salary bracket each year because of being given above average merit appraisals. Some corrupt consultant company was called in to do a money saving plan said, "that cannot be", salary frozen until I am back within the "band", only then will get an increase again. When I asked how far above the "band" I am, I am just told that it's confidential information which cannot be shared.
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Time to jump ship it seems
 
Got a 6% "promotional increase" in the beginning (still the same job title and work, just a different suffix, they call me a specialist now, but I just do what I do well since forever. My guess would be we would be getting somewhere around 6% for inflation, so hopefully I can finally have some discredatory spending money again
 
Salary bands at corporates .. the light bulb doesn't go on for many .. bands increase at inflation rate or company average .. once one hits the top end of the band that will be increase given irrespective of outperforming your peers so there is zero incentive to put in extra effort unless trying for promotion (chances of promotion affect this desire for outperformance too). That's it for lower and mid level staff. Other options come into play for much higher level staff.
 
Bunta said:
What do Trainees earn now as a starting salary, if i may ask?
Back in 1998 I started with R2100 pm before tax :oops:
I should add that I was still studying part time to finish my Degree though.
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Ofcourse it differs firm to firm and city to city but personally I work for a small firm in Durban. My CTC is R6 500. Increase should kick in end of this month so I will update you guys. Minimum I'm expecting is R7 000 which is a ~8% increase. I'd be happy with R7 500 (~15%)
Friends in Durban at big 4 with postgrad are getting around R15 000 (thats what they're claiming)
 
Alot of people are going to be shocked when they hear I earn R6 500 as an 'accountant.' Yeah I could've gotten maybe R10 000 at a mid sized firm (no CTA so no big 4) but the reality of it is there are lots of benefits where I work and one which I value above all is that there is no overtime AT ALL
Anyway, my opinion is that in todays time, a degree is not the way to go. A side hustle along with an 8-5 is a must or a full time business
You could get away living a mediocre life with a degree but very few actually earn big with their degrees. That's just my thoughts but hey what do I know. I'm still in my early 20s
 
Codebreaker007 said:
At my current firm, a post article employee is looking at around R13 000.
Other bigger firms I would guess an easy R22 000.
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I really thought it would be more, considering one had to power through bar exams, articles and the works. Back in 2008 I started with a R10k post deduction (including medical and pension) for an electrician
 
Not_original said:
I really thought it would be more, considering one had to power through bar exams, articles and the works. Back in 2008 I started with a R10k post deduction (including medical and pension) for an electrician
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Oh were you referring to completely qualified CA SA with boards and the works?
I thought you meant just degree and articles...
So a newly qualified CA in Durban I hear is atleast R40k although I have seen some companies with the audacity to advertise a vacancy for a CA with a cost to company of R20 000
At my firm I'm not sure on CA salary at all as they are managers and we have no clue on their earnings
 
Not_original said:
I really thought it would be more, considering one had to power through bar exams, articles and the works. Back in 2008 I started with a R10k post deduction (including medical and pension) for an electrician
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In '08 a R10k salary was quite decent wasnt it?
 
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