MattW

BBC NEWS | Magazine | Why should you accept less pay?

Have to laugh at this one, I don't get an automatic pay increase. If I can justify one, I have to go to my director and put my case. If I go every year, the chances are I won't get one.

davegtt

Its not a pay cut though, its an effective paycut, theyre using statistics the way drunks use lamposts, for support, not illumination. Theyre still being offered more money than theyre on. Sods

Mitchy260

You dont get an inflation increase every april?

This year i am getting a 3.5% increase so not bad.

Although i think the real cost of inflation is more than that, (Bread/milk/energy bills etc) so i am worse off i suppose.

PeteBrant

I get a pay review every year, which by and large is inflationary. However, I'll be buggered if I am going to take a pay cut just so that Gordon Brown can boast a completely irrelevant 2% infaltion figure.

Mitchy260

The PM receives a basic salary of £187,000 then god knows how much on top in expenses, probably doubling this.

£187,000 x 1.02 = £190,740

£3740 pay rise on basic for inflation is hardly something to whinge about.

Bread and milk aint gone up that much

pwhittle

well being public sector, apparently it's ok to pay us less to control inflation. I doubt city traders would be too happy if they had the same.

I've had an effective paycut for the last few years (better then nothing though), but I'm also going down to 4 days, so will loose 20%. That's gonna hurt!

MattW

nope, last increase was nov 2006. I asked and received.

RMA26

I've had Sweet FA for 2 years now!

Mitchy260

Your getting shafted then. Cost of living has risen so your wage isn't able to buy the same things as what it did in Nov 2006.

Meaning realistically you have taken a 'pay cut'

I get an inflation buster every year thankfully. Usually pretty good at 3-4%

Shark Man

I'd take less pay if it entailed me doing less work.

Sadly, I already do the minimum requirement as it is

stilover

I've had less than inflation pay rises for the last 2 years. I'm expecting much the same this year too.

As for saying pay-cut? In a way yes. All bills are up, petrol bills are ever increasing. Government taxes are always going up, and today were being told Council Tax is going up..... wait for it ......... above inflation.

So yes in a way, I am taking a pay cut. As I have less to spend every year.


Was better off in 2002 than I was last year.

Gear Head

iTrader: (2)

What's that? Turning up?

I have only been with my company for 7 months. Had 2.5K increase after the first 3 months which was nice (on £21500 now, not much compared to some but i'm only 25 ). We get a pay review every october and last time, everyone received a higher rate of increase than inflation.
(Our turn over has doubled in the last 5 years though! )

rossyboy

iTrader: (8)

At the risk of sounding controversial, this isnt really that much in the scheme of things. Compare that to what a chief exec of a FTSE 100 company gets and its peanuts.

Obviously there are mountains of cash to made once they quit (ala T Blair), but how many would want to run the entire country for just £187k?

j4ckos mate

i got 11% last week

Shark Man

True, but in fairness, is Brown really "worth" that though?

Janspeed

iTrader: (1)

No, no chance!

NotoriousREV

My pay has risen by 90% in 3 years. Sadly, my spending has risen by about 95%.

Graz

Sub inflationary rises (i.e. a pay cut) the last two years around 3%, despite the fact we keep getting told how brilliantly the company is doing, share price has nearly doubled, etc.

Problem is if we don't like it the only option is to leave. I'd do that if I saw loads of jobs similar to mine being advertised with higher pay, but they're not, all comparable or lower.

Oh how I long for the days of the mobile phone boom, nearly every week I'd have some recruitment agency ring to head hunt me. Got 2 x 15% rises one year. Just need some new fad in the communications world to come about

Bakerman

Major IT company, no inflationary rise, all done on what is deemed performance unless you are management which work by their own rules as obviously they do all the work.................. If you are deemed >100% of band then no increase.