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

[Questions]

Initial thoughts for my place:

3.5% to wage bill
0% to Mgt Team
0% to those I want to encourage to leave
1% to 8% for the rest, based on their placement in a 2x2 matrix, with the axes being a) objective measure of individual performance and b) more subjective measure of attitude/behaviour.

Added benefit: it’ll force the managers to tell individuals where they sit in the matrix and, if someone is low on either/both axis/axes, provide examples. You know - actually manage. They’re going to love that.

‘Ah good morning Q, Come in and take a seat…Just a quick chat about your (B) Matrix.’

God I’m glad I work for myself.

 

[A1X]

Quite right, no asking for pay rises anyone. Got to keep the proletariat in their place.

 

[Lenny Rider]

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

I think it goes deeper than that, I can remember going to the Goldstone with a rabid Tory in the car as far back as 1980, and all the crap with the Unions was going on, he stated then just as we were parking up by Bush Signs that this country had basically overpaid itself for nearly a decade.

40 years on has it got any better?

Apparently building labourers can get up to £150 a day, more working in London, there's a Train Driver in our local who claims to earn in excess of £60,000 a year whilst he says the train guards are on about £48,000 themselves, I know its probably the tip of the ice berg and but surely the adage of a fair days pay for a fair days work has never been so apt?

 

[el punal]

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

Amazing isn’t it? I thought the purpose of a Union was to look after the interests and well being of their members - well it was when I was working.

 

[Mellor 3 Ward 4]

There are SOME industries / companies that have done very, very well over the past two years.

Some have had a disastrous two years.

Who you work for and what industry you are in will very much determine what your wage increase will be.

For example, lots of tradesmen friends now getting £220-£250 a day compared to £150-£180 a couple of years ago.

Good for them - they're skilled and have learnt their trade and have a skill that's in high demand - helped of course by a lack of qualified labour.

That comes down to a broken education system (Going back decades, not just the last few years) where kids are told it's all about academic results rather than learning a trade. That's a discussion for another time though.

 

[Questions]

I think it goes deeper than that, I can remember going to the Goldstone with a rabid Tory in the car as far back as 1980, and all the crap with the Unions was going on, he stated then just as we were parking up by Bush Signs that this country had basically overpaid itself for nearly a decade.

40 years on has it got any better?

Apparently building labourers can get up to £150 a day, more working in London, there's a Train Driver in our local who claims to earn in excess of £60,000 a year whilst he says the train guards are on about £48,000 themselves, I know its probably the tip of the ice berg and but surely the adage of a fair days pay for a fair days work has never been so apt?

You think £150 a day for carting bricks up ladders is a lot ?

 

[The Clamp]

Any request for a rise in our company gets initially ignored and then laughed at. If I don’t do at least one lot of 12 nights on the bounce on top of my normal hours each month, I can’t afford to live. I am actively seeking new employment. It’s unsustainable.

 

[Springal]

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.

Depends what you do - I've delivered 20% more revenue in the last 18 months compared to the previous, while maintaining above company average margins - in an organisation telling the market we're making 6% YoY growth, with 55% YoY growth in certain areas. Oh and they've saved a FORTUNE with no-one travelling / expenses etc

I've never heard from so many recruiters as I have in the last 6 months, and all offering significantly higher packages than what I am on now so the next couple of months will be interesting.

 

[vegster]

Annual Pay " Reviews" are a joke in our place, there is no such thing. I went about 4 years without a pay rise due to " the demands of the business '" ie, they were doing so well they moved in to bigger premises and took on more staff and were worried it might not make quite the same amount of profit.... Obviously the business took off..

One year I was told I had actually had a pay rise due to the change in Government Pension rules!... Yes, my employers contribution to my pension scheme DOUBLED from 1% to 2%... Whoopee.


Always remember this, businesses always aim for a minimum of 10 % growth per annum, this is never reflected in the same way for those that actually deliver that increase.

 

[thedonkeycentrehalf]

A lot of complaints I hear are from those that have been in the same job for at least a decade+ and don't want to move up the chain. I have direct reports earning up to 85k for what I would consider middle management positions, mostly because of their tenure.

If you're complaining about your wage, have the skills and are confident in your own ability then challenge yourself to look for a promotion. It's simply not economically viable to keep on increasing salaries for a lot of roles because you'll hit the proverbial salary ceiling.

I get that and have bounced up and down the chain a few times. However, in larger organisations that middle management layer can be a dangerous place to be as that is where they often look for savings - senior managers won't vote to cut their own roles so get rid of the middle layer and give more work to the lower managers for less money.

Some people are at a level where they are happy for numerous reasons and you need some stability that these people bring. That shouldn't mean that they are penalised by not geting a realistic cost of living rise for not wanting to move higher if they are still doing a good / great job.

 

[Happy Exile]

In 15 years the only time I've had a pay rise that even matches inflation let alone exceeds it is through promotion or changing employer and job despite working for businesses that routinely make decent profit. Any other increase I've had has always been below inflation and most years pretty much swallowed up by the annual increase in train fare and council tax before I see any of it. My other half hasn't changed jobs or had a promotion and hasn't had any increase at all for 8 years - she can only increase earnings by doing overtime. While clearly there are salary ceilings for particular roles I think there's a moral responsibility for organisations, especially profitable ones, to at least ensure their employees aren't taking an annual pay cut as inflation out-grows salary increases, especially if also affected by tax and NI increases on top.

Our experience is common for most people I know - using the government's own figures for median salaries (a more accurate measure than average as it strips out the extremely high/low salaries that skew data) shows growth falling behind inflation by a big margin. I genuinely don't know how the country keeps functioning when there's such a growing disconnect between cost of living, quality of life, and working hours. Median salary increase most recently recorded was, I think, 2.8% - inflation is almost double that, and if Sunak is to be believed could be almost triple that by the end of this calendar year.

 

[Lyndhurst 14]

So reading over the posts it seems some people are fortunate and have good employers who recognise their employees worth and hard work and reward it whilst others are less fortunate and work for people who don't.

It like most things you do in life, there's some good folk out there and there are some right f******

 

[Brovion]

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

Indeed. Also I think people are getting too hung up on percentages rather than amounts. If you're earning £20,000 a year or less you need a 10% pay rise, minimum. £50,000 a year, not so much. £100,000 or more - give it back you greedy ********.

 

[Thunder Bolt]

I think it goes deeper than that, I can remember going to the Goldstone with a rabid Tory in the car as far back as 1980, and all the crap with the Unions was going on, he stated then just as we were parking up by Bush Signs that this country had basically overpaid itself for nearly a decade.

40 years on has it got any better?

Apparently building labourers can get up to £150 a day, more working in London, there's a Train Driver in our local who claims to earn in excess of £60,000 a year whilst he says the train guards are on about £48,000 themselves, I know its probably the tip of the ice berg and but surely the adage of a fair days pay for a fair days work has never been so apt?

Train drivers are highly trained, (no pun intended) and at rush hour could have 100 people in each carriage. They are responsible for more lives than airline pilots.

 

[Turkeydove]

I would ask for a big pay rise but im a pensioner

 

[Chicken Run]

Train drivers are highly trained, (no pun intended) and at rush hour could have 100 people in each carriage. They are responsible for more lives than airline pilots.

I’d rather be in a train with no driver than an aircraft [emoji6]


Sent from my iPhone using Tapatalk Pro

 

[Chicken Run]

I would ask for a big pay rise but im a pensioner

If I want a big pay rise I have to work harder and longer hours, I know old Sokol right!


Sent from my iPhone using Tapatalk Pro

 

[Superphil]

Depends what you do - I've delivered 20% more revenue in the last 18 months compared to the previous, while maintaining above company average margins - in an organisation telling the market we're making 6% YoY growth, with 55% YoY growth in certain areas. Oh and they've saved a FORTUNE with no-one travelling / expenses etc

I've never heard from so many recruiters as I have in the last 6 months, and all offering significantly higher packages than what I am on now so the next couple of months will be interesting.

In 2021 I passed my target in October, which I was delighted with, our year end was 31-01-22, and I will have had the highest figures I've ever had at this company. In 2021 I missed my annual target by about 1%, despite our company shutting down for the 2 furlough periods. No gratitude given whatsoever then, and there will be none for last years efforts either. No salary increase for 5 years, so I guess by some peoples reckoning that represents a pay cut year-on-year. I work in a slightly specialist industry, no opportunities locally to consider a change, at my age a relocation is not an option. By choice I will have to accept the situation, I'll follow the guidance of the head of the bank of england to not 'ask for a big pay rise' and I'll expect not to get even a small one.

 

[LamieRobertson]

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

Lol….should have gone for £1500 ….by the way can u lend us a few bob

 

[DIFFBROOK]

This.

A lot of landlords own their property(ies) either with a windfall or built up with profits from a portfolio. Its almost free money. My sister lives next door to someone who rents - in a year the property has increased in value by £60k - a nice retirement egg. He has increased monthly rent from by a further £30. He is already a very rich man - selling a hotel for millions.

If anyone can afford to be restrained, its those who raise the cost of living.

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.