What percentage figure PAY RISE have you recently got/expect to get/hope for?

[BL65]

As a ball park figure, what percentage figure pay rise have you recently got/expect to get/hope for in the near future.

As you can guess, i am due a review very shortly. Without being too big headed i fully expect to recieve a favourable performance assessment and a suitable raise to go with it. Naturally i want the max raise i can reasonabvly get but i dont want to ask for an unrealistic figure.

I am a manager with a company in the construction field.

Any thoughts much appreciated

Bl65

 

[Squonk]

Re: Pay Rises

Obviously this depends on how well or otherwise your company is doing, and your base pay....For a company doing well these days, I'd guess that you should aim to get at least inflation + 2 percentage points.....say, 5%??

 

[SteelBlue05]

Re: Pay Rises

So many variables involved here...

1: Your Profession
2: The Industy you are in
3: Your experience
4: Your performance
5: Your companies policies and ability to pay
6: Your current level of renumeration versus market rates

2-5% would sound the norm but there are many exceptions.

 

[nelly]

Re: Pay Rises

i got 1.47% last year - the variables won't matter its the HR manager. They knew i had a hectic year and moving job was not on my agenda so gave me very little. i was on 30k with 4 years experience.

 

[ajapale]

Re: Pay Rises

Hi Nelly,

The consumer price index (cpi) is a measure of inflation. It currently stands at 3% pa. I suggest that this is a good starting point in your negotiations.

aj

 

[Protocol]

Re: Pay Rises

I get all the Sustaining Progress pay increases.


Sustaining Progress Pay Increases, plus Benchmarking

​

​

​

Effective Date​

Notes​

Increase​

Duration​

​

​

​

​

​

1​

1 – Oct – 2002​

PPF3 (final)​

4%​

9 months​

​

​

​

​

​

2​

1 – July – 2003​

Sustaining Progress​

Pay pause​

6 months​

​

​

​

​

​

3​

1 – Jan – 2004​

Sustaining Progress 1​

3%​

6 months​

​

​

​

​

​

4​

1 – July – 2004​

​

Sustaining Progress 2​

2%​

5 months​

​

​

​

​

​

5​

1 – Dec – 2004​

Sustaining Progress 3​

2%​

1 month​

​

​

​

​

​

Benchmarking

​

​

​

1​

1 – Dec – 2001​

Phase 1​

(paid 2003)​

25% of the relevant award​

Paid on Ratification of the Agreement (late 2003), also a backdated lump-sum to Dec 2001 ​

​

​

​

​

2​

1 – Jan – 2004 ​

Phase 2​

50% of the relevant award​

​

​

​

​

​

​

3​

1 – Jun – 2005 ​

Phase 3​

25% of the relevant award​

​

Sustaining Progress part 2

​

​

​

1​

1 – June – 2005​

Sustaining Progress 4​

1.5%​

6 months​

2​

1 – Dec – 2005​

Sustaining Progress 5​

1.5%​

6 months​

3​

1 – Jun – 2006​

Sustaining Progress 6​

2.5%​

​

 

[ragazza]

Hi,

I got 2.5% payrise and 10% bonus in Dec.
I thought the pay rise was low, but it was in line with what my peers got.
I work in IT sector.

 

[fobs]

My employer gives a set % accross the board unless you change jobs. For the last 2 years it was 3%. I work in IT department of a food manufacturing business. Our performance reviews are not tied to our pay reviews!

 

[lemeister]

Re: Pay Rises

Hi Nelly,

The consumer price index (cpi) is a measure of inflation. It currently stands at 3% pa. I suggest that this is a good starting point in your negotiations.

aj

I got a 3% increase at the beginning of this year which in my case was substantially less than previous years (5-8%). My question though is whether a 3% increase actually keeps your salary in line with inflation ie. my after tax increase equates to roughly a 2% increase in net pay and therefore I believe I am worse off than this time last year. Is this logic sound or am I missing a piece of the equation?

 

[ClubMan]

I haven't had a pay rise in about 5 years. I changed jobs about a year ago and earn about twice (in total remuneration - salary, ESPP/ESOP, pension, VHI, home broadband etc.) what I earned before that in a job in which I had previously (c. 2002) taken a 25% pay cut to return to work after redundancy and a period of unemployment. I got a US$100 bonus after Xmas though!

 

[derryman]

Clubman - common theme in higher paid IT positions - "real" earnings have not moved much since 2000 given inflation and CPI - sometimes wonder about that euro conversion alright - industry going sideways for five years

 

[ClubMan]

My real earnings have increased significantly - but only because of a job change rather than salary reviews/increases.

 

[icantbelieve]

Used to get around 5% per year but like derryman says there's been no real movement since 2000 but I'm not complaining. I have a job I like, an understanding employer and am well paid even though given inflation I've been going slightly backwards for a few years now. As I said in response to a posting about being loaded, what price do you put on your own time.

 

[GeneralZod]

Since 2000 I've got a compound average of 4.7% per year in base pay.
The best year was 2001 with 10% pay increase before they
realised the dotcom bubble had burst and it was going to
have a severe downturn. There were even a couple of years
where they were trying to get rid of people and now they're
having trouble hiring for love nor money. Even in the worst
year 2004 I got 1.5%. Its picked up a bit since then with 4%
last year. Hoping for similar this year. On above average rates
for industry although the margin is eroding.

Best way to increase your earnings is change jobs.

 

[derryman]

my point was that for very senior IT positions (read programme manager / IT director) then salaries have been going sideways for five years now