Pay rises - what did you get?

[TulipsFromThreadneedle]

2 hours ago, Mikhail Liebenstein said:

Are you mid 30s?

My advice to anyone mid 30s is to take the leap and get a higher paid job. You are definitely at peak employability between 33 and 37.

Amazing advice

[Greater Fool]

On 2017-5-19 at 0:56 PM, Wayward said:

who cares...?  1,2 or 3%?  it hardly makes any difference.  Income is not the point...it is all about wealth now and particularly property wealth.  

The best post so far, presumably most on here are priced out of the housing market and from the figures banded about they must be living around London, so what difference does a grand or so a year make? For that reason I'm out.

[Abstra616]

On 2017-5-19 at 5:51 AM, ccc said:

My day rate is about 25% less than last year. Such is the contract world !

Next year it could be lower or higher. Just got to go along with it. 

Salary's in Engineering are falling.  It's across the board in the professions.  Conditions in the private sector are crap.  They want your love and anything else you got and they'll give you jack nothing for it. 

[Frugal Git]

3 hours ago, Mikhail Liebenstein said:

Are you mid 30s?

My advice to anyone mid 30s is to take the leap and get a higher paid job. You are definitely at peak employability between 33 and 37.

That is exactly what I did, and effectively doubled my salary. Now I am early mid 40s, I can still get reasonable percentages relative to inflation, but the step change is tougher unless I really come up with something really innovative.  Whilst I agree 3.6% of nothing is nothing, it is tougher to get a 30% rise when you base salary is over a ton. Of course on a commissioned salary, there is always over performance.

 

Late thirties, but yeah I agree. I had to make the leap and negotiating a big bump was not overtly tough. A little effort and I went from 'paid ok' to 'very well paid' for my position.

Indeed In my case it was a bit unusual as I work part time in a profession where that is almost unheard of and thus my previous employer probably thought it was near impossible for me to improve my situation - so never had any incentive to redress the situation whenever I pointed out my unhappiness with my compensation. 

Proved them wrong. So if I could do it - anyone can (if they aren't in a job where pay is fixed hourly).

[jiltedjen]

44 minutes ago, Abstra616 said:

Salary's in Engineering are falling.  It's across the board in the professions.  Conditions in the private sector are crap.  They want your love and anything else you got and they'll give you jack nothing for it. 

do you have anything to back this up? i have not seen this mentioned anywhere on google. Are you referring to I.T engineers? or mechanical engineers?

some oil field engineers lost wages due to being paid boom-time wages for so long, but thats to be expected. 

[Abstra616]

43 minutes ago, jiltedjen said:

do you have anything to back this up? i have not seen this mentioned anywhere on google. Are you referring to I.T engineers? or mechanical engineers?

some oil field engineers lost wages due to being paid boom-time wages for so long, but thats to be expected. 

I know the Engineering industry.  Look at the job specs and the money being offered.  This is not rocket science!  Software guys of any description were once paid £35K.  Now. You see, what the government has done - it has said that if an employer can't get applicants for a job at £30K then it can go abroad for applicants on the equivalent of a US visa and I do mean abroad, not Europe.  I'd have to check that 30K figure.  These jobs require a lot of time investment from the people that do them.   Then there is moving costs etc etc.  They bung an ad in for 2 weeks at £30K and they know they'll get no applicants and then to India they go.  So, yeah.  Would have been worth it to me to burn the midnight oil to upgrade my skills and then move for £40K, but £25K.

What they are really saying is not that they can't get the skills they want, because they can - they just don't want to incentivise Engineers to up skill, basically - they don't want to pay for it.

[Peter Hun]

8.5% pay rise 12.5% bonus plus 5% company bonds.

[jiltedjen]

50 minutes ago, Abstra616 said:

I know the Engineering industry.  Look at the job specs and the money being offered.  This is not rocket science!  Software guys of any description were once paid £35K.  Now. You see, what the government has done - it has said that if an employer can't get applicants for a job at £30K then it can go abroad for applicants on the equivalent of a US visa and I do mean abroad, not Europe.  I'd have to check that 30K figure.  These jobs require a lot of time investment from the people that do them.   Then there is moving costs etc etc.  They bung an ad in for 2 weeks at £30K and they know they'll get no applicants and then to India they go.  So, yeah.  Would have been worth it to me to burn the midnight oil to upgrade my skills and then move for £40K, but £25K.

What they are really saying is not that they can't get the skills they want, because they can - they just don't want to incentivise Engineers to up skill, basically - they don't want to pay for it.

I think a lot of this is simply a Plummer type problem. For ages not many people knew I.T and there was a shortage and a premium. I had a Freind at uni who did I.T and he always said he would be on a lot of money. But of course there was a huge influx of new graduates. These things come in cycles plummets are paid a mint at the moment.

i was doing manufacturing engineering and expected poor pay on graduating, (traditionally poor pay hence not attractive career) but on graduating I ended up on a good salary and he ended up very close to minimum wage. I would expect another 5 years my role will be flooded but I'm more senior with a 15 year head start by then.

Just comes in cycles. key is to progress and specialise. Pick a job which is more dependant on application for wages, not just shear demand for the role, or you will always be flooded from elsewhere especially when the role is globally not that well paid (cheapo Indians can do it for 1/4 of the price)

when romania joined the EU the country was stripped clean of its manufacturing engineers as there is a global demand with good wages.

Edited May 20, 2017 by jiltedjen

[Ah-so]

Less than one percent. 

Was not happy. 

 

[Mikhail Liebenstein]

2 hours ago, Abstra616 said:

I know the Engineering industry.  Look at the job specs and the money being offered.  This is not rocket science!  Software guys of any description were once paid £35K.  Now. You see, what the government has done - it has said that if an employer can't get applicants for a job at £30K then it can go abroad for applicants on the equivalent of a US visa and I do mean abroad, not Europe.  I'd have to check that 30K figure.  These jobs require a lot of time investment from the people that do them.   Then there is moving costs etc etc.  They bung an ad in for 2 weeks at £30K and they know they'll get no applicants and then to India they go.  So, yeah.  Would have been worth it to me to burn the midnight oil to upgrade my skills and then move for £40K, but £25K.

What they are really saying is not that they can't get the skills they want, because they can - they just don't want to incentivise Engineers to up skill, basically - they don't want to pay for it.

I beg to differ.  Look at the Valley and the Area of Machine Learning.  Yes, you do need to have a maths degree and good coding skills, but the trick is to go where demand is.

I get the £35k figure if you are talking about Windows App GUIs.

Edited May 20, 2017 by Mikhail Liebenstein

[monkeyman1974]

c15% uplift, (taking me finally back to where I was in 2008! (nominal mind you))

[PopGun]

16% by moving back into the private sector (barring official contracts etc).

[jfk]

Increment date will be September, moving up a spine point on NHS scale in the same pay band, think works out about 1.5%.  I have to do an annual review and appraisal, that should be fine as I'm good at what I do (data manager / analyst) and contributing a lot to support projects within the department.