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Old 03 October 2008, 12:14 PM
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Gear Head
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Default Credit crunch? What credit crunch?

Well it doesn't seem to be affecting our company too much. Just had a healthy pay rise of around 5% and £700 bonus. Beer tonight me thinks!
Old 03 October 2008, 01:52 PM
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Scooby Snacks 23
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Lucky you.

I haven't seen a 5% pay rise for about 5 years and I'm one grade too low for a bonus too
Old 03 October 2008, 01:59 PM
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Mitchy260
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5% is not a payrise as such, it's in line with current inflation meaning you'll be no better off than this time last year

£700 is better than a kick in the ********* though
Old 03 October 2008, 02:02 PM
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We've just got 4.5% payrise as that's what the RPI is.
Old 03 October 2008, 02:05 PM
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Mitchy260
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Originally Posted by Jimpreza
We've just got 4.5% payrise as that's what the RPI is.
Is it?

CPI was 4.8% last time i looked, has RPI gone under CPI?

Hope not as i too get RPI based inflation increases, got 4.8% in May
Old 03 October 2008, 03:18 PM
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Leslie
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Originally Posted by chrispurvis100
Well it doesn't seem to be affecting our company too much. Just had a healthy pay rise of around 5% and £700 bonus. Beer tonight me thinks!
You are not into "short selling" are you!

Les
Old 03 October 2008, 03:21 PM
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Nice one.

Bit of investment news for you

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95. With HBOS, earlier this week your £1000 would have been worth £16.50. £1000 invested in XL Leisure would now be worth less than £5. But if you had bought £1000 worth of Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214.

So based on the above statistics the best current investment advice is to drink heavily and re-cycle.
Old 03 October 2008, 03:25 PM
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Originally Posted by chrispurvis100
Well it doesn't seem to be affecting our company too much. Just had a healthy pay rise of around 5% and £700 bonus. Beer tonight me thinks!
Unfortunatly not the same for us.... just had to request my staff take reduced hours and pay... We've had a quiet 4 months now.... with all the other surveying company's I know of in a similar position... Non of the large builders are building, and now the smaller private jobs have dried up.... unless something major happens in the next 2 months to incourage investment..then I can see many building related companies going under.

Glad to hear about your bonus though...
Old 03 October 2008, 03:26 PM
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Simon C
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I got 8% earlier this year, dunno whats going to happen next year I don't know.

We're still processing 16 odd million a day though.
Old 03 October 2008, 03:28 PM
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I was offered a 20% pay rise in March of this year. I refused on the basis that other members of staff were to be offered 10% and I felt that they didn't deserve it.

I will also be refusing to accept any bonus this year for the same reason.
Old 03 October 2008, 03:33 PM
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Originally Posted by EddScott
I was offered a 20% pay rise in March of this year. I refused on the basis that other members of staff were to be offered 10% and I felt that they didn't deserve it.

I will also be refusing to accept any bonus this year for the same reason.
Someone fetch the straight jacket
Old 03 October 2008, 03:48 PM
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Originally Posted by SwissTony
Nice one.

Bit of investment news for you

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95. With HBOS, earlier this week your £1000 would have been worth £16.50. £1000 invested in XL Leisure would now be worth less than £5. But if you had bought £1000 worth of Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214.

So based on the above statistics the best current investment advice is to drink heavily and re-cycle.
Would have been funny except I had this via txt message yesterday!

Good effort though.
Old 03 October 2008, 03:53 PM
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£550 a ton for Aluminium and £700 a ton for lead at the moment.
Old 03 October 2008, 04:06 PM
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Gear Head
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Originally Posted by scooby L
Unfortunatly not the same for us.... just had to request my staff take reduced hours and pay... We've had a quiet 4 months now.... with all the other surveying company's I know of in a similar position... Non of the large builders are building, and now the smaller private jobs have dried up.... unless something major happens in the next 2 months to incourage investment..then I can see many building related companies going under.

Glad to hear about your bonus though...
Cheers mate. I work in the sales office for a marine and industrial transmission company. Work has been fairly steady, but then again a lot of our units go abroad in the end. We just go where the money is!
We supply a lot of transmissions and surface drives for Sunseeker's which brings in a few quid.
Old 03 October 2008, 04:48 PM
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All I got this year was a 30% pay cut till things pick up
Old 03 October 2008, 07:03 PM
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Sorry to hear that bud.
Old 03 October 2008, 07:12 PM
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Shoppers on Oxford street are still as mental as ever.. Had to walk down there yesterday and it was bonkers..

Last edited by what would scooby do; 03 October 2008 at 07:31 PM.
Old 03 October 2008, 07:15 PM
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Originally Posted by what would scooby do
Had to walk down their yesterday

Sounds painful
Old 03 October 2008, 07:29 PM
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Oxford street is always busy, but it doesn't mean they are spending I used to go there on my lunch hour when I was working in the egyptian embassy as there was more women around
Old 03 October 2008, 07:31 PM
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Originally Posted by fatherpierre
Sounds painful
fixed
Old 03 October 2008, 07:34 PM
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Originally Posted by stevebt
Oxford street is always busy, but it doesn't mean they are spending I used to go there on my lunch hour when I was working in the egyptian embassy as there was more women around
There's a pub just next to selfridges that we often sit outside totty-spotting
Old 03 October 2008, 08:10 PM
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Sloane square is good for the women as in the summer
Old 03 October 2008, 08:18 PM
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well, its affecting me
next year I might have to get a job!
Old 03 October 2008, 08:35 PM
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I think everyone in the uk will be effected at some point by the recession it may just take longer for some trades than others.
Old 03 October 2008, 08:35 PM
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Think my pay cut is around 80-85% this year, since April.
Old 03 October 2008, 08:39 PM
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Originally Posted by chocolate_o_brian
Think my pay cut is around 80-85% this year, since April.


Get a job and you can fix that
Old 03 October 2008, 08:40 PM
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Originally Posted by what would scooby do
There's a pub just next to selfridges that we often sit outside totty-spotting
I know the pub
Just outside the staff entrance/exit
Old 03 October 2008, 08:40 PM
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Originally Posted by stevebt
Get a job and you can fix that
I'm a full time bedroom supervisor. The government pay me incapactiy benefit to be a volunteer in my own home - happy days
Old 03 October 2008, 08:42 PM
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Originally Posted by chocolate_o_brian
I'm a full time bedroom supervisor. The government pay me incapactiy benefit to be a volunteer in my own home - happy days
I work night shift on that exact same job
Old 03 October 2008, 08:44 PM
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Originally Posted by stevebt
I work night shift on that exact same job

I know you do


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