[News] Don’t ask for big pay rises people, FFS

[Superphil]

What is wrong with these morons? Most of us are hoping not to get pay cuts, not thinking about asking for “big pay rises”. I can’t imagine how my boss would respond if I asked him for any sort of pay rise, let alone a big one, but the final answer will 100% be no. No-one at our place has had any increase in remuneration since before COVID, and for most of us 2 years before COVID, and there is absolutely no chance of one for the next 12 months at least.


Don't ask for a big pay rise, warns Bank of England boss https://www.bbc.co.uk/news/business-60206564

 

[Swansman]

People need money in order to live so some people might have to ask

 

[Goldstone1976]

I’ve just started the budgeting process for next FY. The biggest imponderable, and largest cost increase variable, is the average pay rise. I can make an argument for anything between 0 and 6%. Oh joy.

 

[Superphil]

I’ve just started the budgeting process for next FY. The biggest imponderable, and largest cost increase variable, is the average pay rise. I can make an argument for anything between 0 and 6%. Oh joy.

I’d imagine you should offer what most companies will do, 0%. And anyone who doesn’t like it can go find another job. As I said, there’s no chance of anyone where I am getting anything at all, the last 2 years have ensured that. We’re grateful that we still have a job, and that’s the reality.

 

[Harry Wilson's tackle]

My union is more interested in boycotting Israel. The *****.

 

[Mr Smggles]

I’d imagine you should offer what most companies will do, 0%. And anyone who doesn’t like it can go find another job. As I said, there’s no chance of anyone where I am getting anything at all, the last 2 years have ensured that. We’re grateful that we still have a job, and that’s the reality.

So because you’re not getting one, no one else should?

 

[hans kraay fan club]

Was told today, we are getting 3%, which is better than nothing, but given the rate of inflation, an effective cut in real terms.

 

[beorhthelm]

large pay hikes are inflationary, increase costs and wipe out the effects of interest rate rise. of course difficult for people think about that when they're looking at their personal costs going up. a reason for 20 years of low inflation has been keeping wage increases moderate from expanded labour supply, going to be tricky to contain now.

 

[LamieRobertson]

What is wrong with these morons? Most of us are hoping not to get pay cuts, not thinking about asking for “big pay rises”. I can’t imagine how my boss would respond if I asked him for any sort of pay rise, let alone a big one, but the final answer will 100% be no. No-one at our place has had any increase in remuneration since before COVID, and for most of us 2 years before COVID, and there is absolutely no chance of one for the next 12 months at least.


Don't ask for a big pay rise, warns Bank of England boss https://www.bbc.co.uk/news/business-60206564

Have you thought of a new career as a lorry driver?

 

[Superphil]

So because you’re not getting one, no one else should?

Well done to anyone who is getting one, in the private SME sector I’d imagine a lot won’t be getting anything.

Was told today, we are getting 3%, which is better than nothing, but given the rate of inflation, an effective cut in real terms.

As you say, better than nothing, and a lot better than 0% since 2018.

 

[LamieRobertson]

My union is more interested in boycotting Israel. The *****.

Lol…be a good comrade now

 

[Kalimantan Gull]

I'm going to put wages up in my office - people are going to struggle with NI increase, energy price increase, continued high petrol prices, inflation across the board. Its all getting too much of a squeeze.

 

[Harry Wilson's tackle]

large pay hikes are inflationary, increase costs and wipe out the effects of interest rate rise. of course difficult for people think about that when they're looking at their personal costs going up. a reason for 20 years of low inflation has been keeping wage increases moderate from expanded labour supply, going to be tricky to contain now.

Other robotic analysis is available.

 

[The Optimist]

My company (fire engineers) is currently experiencing more demand than ever and we have to decline more work than we accept. So business is better than ever. I have no idea if we are a fluky outlier or whether there are certain types of business that are doing well and are relatively unaffected by COVID.

 

[Thunder Bolt]

large pay hikes are inflationary, increase costs and wipe out the effects of interest rate rise. of course difficult for people think about that when they're looking at their personal costs going up. a reason for 20 years of low inflation has been keeping wage increases moderate from expanded labour supply, going to be tricky to contain now.

Landlords needs to stop hiking up rents, then people wouldn’t need to beg for pay rises to pay them. This is why lower paid people are struggling.
For many, there is little to spend at all after rent, bills and food.

 

[Justice]

I asked my self for a pay rise after some back and forth and strong negotiations I got one I wonder if TB went through similar when he signed Undav

 

[Bodian]

We've been offered 1.75%. Our 'real' wage is 25% lower than in 2010.

Unison balloted members on whether they would consider taking action. Only 1 in 7 responded.

So I guess 'we' are happy with 1.75%...

 

[Justice]

My company (fire engineers) is currently experiencing more demand than ever and we have to decline more work than we accept. So business is better than ever. I have no idea if we are a fluky outlier or whether there are certain types of business that are doing well and are relatively unaffected by COVID.

Your not alone I’ve lost count of the amount of jobs I have to try and get through. The other day I priced a job as the guy kept bugging me for about a week I priced it on £1000 a day Labour thinking he’s never going to go for it. Sunday night the reply email came in. A bit more than he expected but when could I start

 

[Bodian]

My company (fire engineers) is currently experiencing more demand than ever and we have to decline more work than we accept. So business is better than ever. I have no idea if we are a fluky outlier or whether there are certain types of business that are doing well and are relatively unaffected by COVID.

Builders / handymen, etc round our way are doing okay. Really difficult to get them to even come round and give a quote. And when they do, you often don't actually get a quote. If you are lucky enough to do so, and you accept the quote - you never hear from them again.


PS - it's not just me! There's quite a few here having the same problems.

 

[beorhthelm]

Landlords needs to stop hiking up rents, then people wouldn’t need to beg for pay rises to pay them. This is why lower paid people are struggling.
For many, there is little to spend at all after rent, bills and food.

that would help, need more housing built too.