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

B

BL65

Guest
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
 
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%??
 
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.
 
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.
 
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
 
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%​
​


 
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.
 
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!
 
Re: Pay Rises

ajapale said:
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
Click to expand...
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?
 
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!
 
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
 
My real earnings have increased significantly - but only because of a job change rather than salary reviews/increases.
 
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.
 
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.
 
my point was that for very senior IT positions (read programme manager / IT director) then salaries have been going sideways for five years now
 
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