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Just wondering.
I know inflationary payrises are not compulsory, but in your industries are you getting them?
Ive not had one in over 2.5 years, which by my calculations puts me about £3000/year worse off.
How do I go about asking for one?
Find another job with a pay rise and then tell HR you’re leaving unless they match or exceed it.
How do I go about asking for one?
Are you complaining that your wages haven't risen in line with inflation or that you're currently being paid below current market rate for your work.?
These are often not the same thing.
If you're being paid below market rate then the solution is easy.....get another job.
Your current employer will either match your new salary to retain you or they won't.
If they won't then they value you less than the person they'll need to recruit to replace you who'll be demanding the current market rate.
If you find out can you let the government know.
Are you complaining that your wages haven’t risen in line with inflation or that you’re currently being paid below current market rate for your work.?
The market rate seems to be much harder to deduce these days, a lot of friends are either getting low balled or getting wildly inflated offers. I’m not sure there’s much evidence for increased variability in terms of salary - but it feels like it on a day to day basis.
How do I go about asking for one?
I'm assuming you have an annual performance review? Ask for a payrise and state why you want it i.e. to keep your pay in line in real terms.
Answer will no doubt be no but you can try.
As above, the only way to get a pay rise is to get another job. Then you either move to the new role or more than likely your existing employer will suddenly find that they can match your offer.
Money, so they say, is the root of all evil today. But if you ask for a rise it's no surprise that they're giving none away.
If my pay had risen in line with inflation I would be £3000 a year better off. Seeing as I work for a virtual monopoly employer I cannot get another job with someone who offers better pay ( private healthcare is usually worse especially in my speciality)
As a lowly civil servant, I can only dream of such things. And have done for 10 years....
Nothing. At. All. For. 4. Years.
Oil price plummet stopped all increases, lost loyalty bonuses, seniority bonus dropped, pension contribution reduced, and thats just pay. Training reduced to only that we were legally required to have updated, nothing for advancement training etc.
Oil price improving, one tiny bonus added, and will take two years to appear on out pay.
Essentially, I currently earn about 35% less than 5 years ago.
Harrumph. Would like to find a new job, but at my age it’s a scary proposition.
Nothing. At. All. For. 4. Years.
Yep, we got our first inflationary rise last year in about 5 years. No performance-based raises in all that time, vs frequent raises before the oil price crash.
Thing about that is, it was pretty obvious pre-crash that the money being thrown around was absolutely mental. It would be great if people were still firing money blunderbusses around, but I find it hard to get too upset about when all that's really happening is that the industry is aligning itself with others.
Oh and to answer the OP, I'd go with handing your notice in if you think you can do better elsewhere. We've had a few staff leave recently and all were offered raises to make them stay (they didn't, on principle). Kind of a win-win - either you get a new job or get paid more to stay in your current one.
Find another job with a pay rise and then tell HR you’re leaving unless they match or exceed it
Best joke of this thread.
as it was mine and my wifes fault that we brought the country to its knees and you had to endure a few years of zero or below inflation pay rise. we both apologise.once you had had another 6yrs of this maybe we share experiences.
no offence @seadog but the O&G slump was a good thing for Aberdeen things were spiralling out of control for non O&G employees.
Best joke of this thread.
Handed my notice in last week, yesterday my employer offered me almost 25% to stay.
Best joke of this thread.
Happens all the time in engineering/O&G. Whenever I've seen anyone good try to leave, they've had a counteroffer.
Best joke of this thread.
depends where you work. My last move was inter-company i.e. from one area to another, same company paying me at the end of the month. I was offered a pay rise and a promotion to stay in my existing role.
I didn't.
Best joke of this thread.
Same as above, did this last year and stayed.
Yep, twice been offered money to stay when I was in the private sector
I started a new job about 2 months ago for less money!!
That was because I needed to get out of there though....
Fully appreciate what others are saying about O&G being out of control money wise a few years ago. What irks is that before the crash we were losing people for higher paying employers. Pay was improved to help alleviate this.
The same thing is happening now, but no pay rises even hinted at, even though the company is seeing improved income.
Moving elsewhere is becoming attractive for more than just the pay side of things. Ended up mostly working with people I don’t like, job’s got deadly boring (nothing new to learn), current area we are in is very long travel (I lose three days leave per trip to travel).
A new job might mean first out the door if there’s another slump.
Everything is done through the unions where I work, if you object to a crap offer everyone starts getting wound up about having to take industrial action despite the fact it would only mean refusing overtime and working to rule (we can't strike for safety reasons).
Anyway, I think mine have been below inflation for a good few years now, nobody pays as well for the job though so might as well suck it up.
Lots of friends in tech in London, all I can say is that recruiters and HR in the industry fight each other over recruits like a bag full of coked up weasels. The pay rises involved are simply ridiculous.
People think bankers are overpaid and running away with all the money.
I don’t know any 25 year old bankers on close to a six figure salary and hundreds of thousands from stocks when their company IPOs.
If only, civil service stuffed us years ago, if we any increase at all we have to move to worse terms and conditions.
I lose three days leave per trip to travel
What! Travel day should be work day, not a leave day! That alone would have me out the door. This year alone I would be happy negative leave allowence if this was the case.
My place has s new policy that you can only gets 10% payrise if you get a higher paid job. But new starters come in at the advertised salary.
So you und up with knowledgeable, competent staff training up their better paid colleagues... How to demotivate your workforce!
The counter question is do you enjoy working where you work. The people who I have known who have moved just for the money (myself included) have ended up very much regretting it.
As per the rat race thread I could easily get another job that would pay me around double what I’m on now and financially at least we’d go from getting by ok but with not much spare money floating around to doing very nicely thank you very much.
But I won’t because there’s more to life than money and waking up each morning actually looking forward to work and knowing I work for someone that actually cares for his staff is worth far more than any salary increase.
As a lowly civil servant, I can only dream of such things. And have done for 10 years….
Same here. I love my job but I’m looking elsewhere now - especially as a friend just got a job which I could do (and qualified for) paying about 80% more. Decent well regarded company too. Eighty percent!