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Private Sector Pay Rises Are At Their Highest For 15 Years


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Eddio and Mervo the clowns have screwed them, scratching their heads wondering what the hell is going on.

Despite benefiting from the largest average settlements since November 1992, many workers are still facing a desperate struggle to make ends meet.

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I must be getting ripped off then because I don't see pay rises like this.

Who the hell does?

I work for a company that employees 20000+ people and every year I've worked for them (over 6 now) there has never been above 2.5% average pay rise.

How much has minimum wage gone up? That probably has the biggest impact on this statistic.

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Who the hell does?

I work for a company that employees 20000+ people and every year I've worked for them (over 6 now) there has never been above 2.5% average pay rise.

How much has minimum wage gone up? That probably has the biggest impact on this statistic.

That's an average. Those at the top get 20%, those at the bottom get 0-1% if they keep their job.

It's called socialism under New Labour. It's inefficient to give everyone a rise, all that paperwork!. Instead give the boss all the cash and he will be generous enough to distribute it amongst his hardworking and valued staff. That's the theory anyway....

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I work for a massive company with a turn over in excess of $100 billion a year (Its one of the very biggest! practically dominates every sector its in!) and they have offered a 6% pay rise spread over three years, but in order to get that they want to reduce sick pay and cut other benefits. 6% over three years is a joke. I honestly cant see many people getting pay rises that even match inflation, although statistics can be made to say whatever the government want them to :ph34r:

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I work for a massive company with a turn over in excess of $100 billion a year (Its one of the very biggest! practically dominates every sector its in!) and they have offered a 6% pay rise spread over three years, but in order to get that they want to reduce sick pay and cut other benefits. 6% over three years is a joke. I honestly cant see many people getting pay rises that even match inflation, although statistics can be made to say whatever the government want them to :ph34r:

Who do you work for? Out of interest.

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I must be getting ripped off then because I don't see pay rises like this.

Nah you very rarely do, most companies squeeze pay rises to just below rpi for existing staff if you're lucky, sadly you have to move jobs every couple of years to say get the 10% rise to get to the average over a couple of years. What we're seeing is interesting though, private sector wages need to increase to catch up with the public sector for a few years. The govt still has an ace to play when it comes to wages tho' and thats the minimum wage. Watch as it only goes up 2% this year. Probably a smart move as they introduced it under the guise of equality but they actually have a pretty useful fiscal tool.

Watch as the poorest get shafted again*.

* that said if it keeps my council tax bill down then ......

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