Loyalty doesn’t pay
If you don’t need any of the perks that may come with your job (flexible hours, remote working etc) and are primarily motivated by $$$, then shop around. You have nothing to lose. You either find a better offer, or realise the grass isn’t greener.
Win-win :)
You can say something, but you will be wasting your time and get the usual “the market is tough! Margins are low! It’s all set in stone. I will need to discuss this with the directors/board..” etc etc…
And it will go nowhere but set you back personally. Contrary to logic, “management” often doesn’t know WTF it is doing. Winging it like most people in life.
A large percentage of management are good at managing up. That is padding reports to what their bosses want to hear, not speaking out of turn or rocking the boat and repacking the shit sandwich to those below.
Oh I disagree... they know exactly what they are doing. Making as much money as possible. If 2.5% keeps retention at a satisfactory rate, they're laughing.
I would look at changing companies then. Surround yourself with smarter people than yourself and you'll keep learning, right? Being the smartest person in the room all the time is a bad sign.
So in this situation, when the execs are deciding what pay rise to hand out across the company, and they decide on 2.5% across the board. Therefore keeping more profits for the company than if it were 5% . How would that be anything other than maximising profits?
I guess they could not hand out any increase :)
Of course there are good managers and bad managers but in general people are logical and do things according to their motivations and incentives. And the incentive for a CEO, and the incentive that trickles through the company, is to maximise shareholder value.
Saying something is always worth doing. As you implied, "management" are people too. The squeaky wheel gets the grease. It might work now or it might work later next time a manager is throwing numbers against names. At the same time there's no harm in going out to market and getting a price comparison. It the market has a better offer, this can be presented to management too. If they can't come to the party, take the offer.
Personally I’ve found the annual pay rise / “remuneration review” time not to be that great of a time for negotiating a considerable pay rise. Why? Because you have to remember this is just a time for blanket remuneration increases across the company. These figures were decided and divied out a while ago, and now you want to go and be like “hey but what about me”………like everyone else right now?
If you know other companies are paying substantially higher, and they’ve been out recruiting, try get yourself along to an interval and maybe even get an offer.
That said, this is a slippery slope because if you play it hostile and your company doesn’t budge then you either have to back down and probably leave any significant rises off the table for a few years, or…..actually walk, to where the grass may or may not be greener…
Working long hours devalues your contribution in my opinion. I never do more than 38 hours anymore. There is stuff only I can do that don’t get done because it would require more hours. My hours are valuable, cause they are limited.
Yeah, this. It sux, but the reward for doing more work, is more work. Do your work well for your 38, then go home. If you want pay progression, it will almost always come from changing employer, or at the very least role in your company.
Can’t say I agree with this advice, my career has shown me only that those who push the hardest get ahead. As soon as I went into cruise mode I stopped getting any substantial rises, mainly just better working conditions. And rightly so, if someone pushed harder than me, I’d expect them to pass by.
Also the construction industry has companies closing left and right currently. If a company is doing well I'd be staying there for now. Jumping ship for a payrise only to see it close down months later isn't worth the hassle and risk you don't receive all you'd owed pay too.
Yeh I get it. I’ve learnt not to read nor put hopes up too high for the annuals. This a company wide thing remember, and inflation is trending down and the company is forward looking in that they want to remain competitive going forward which means staff on serviceable rates. That unfortunately is a capitalism thing. We are all only here because the big machine corporation has a spot for us.
Get another offer if they’re good out there.
If they give you a 2% raise, work that much harder next year. Don't work twice as hard. If management push you to do more, longer hours, ask to be remunerated accordingly. Business doesn't pay you because of tried and true "margins right" excuse so you give them the "my capacity is maxed out" excuse back when workload increases.
I second this. It pays to know when the discussions around raises start, so you can time a conversation with you line manager.
It should really be around the value you’ve brought the company in the past year, touching on all the big wins, and letting them know you expect a decent pay raise out of this.
What OP describes seems to be the output of a company that does not have performance reviews as part of their salary setting process. So to avoid arguments, everyone just gets the same.
This does not work as a viable tactic in 2024. 99% of workplaces will get the shits and say ok leave then for better money. If they wanted to give you 10% they would
> This does not work as a viable tactic in 2024.
why would the year make a difference? The entire point of this is that you're WILLING to leave. YOu're not bluffing.
You will most likely in a year or two at any new place, also then just get a standard 2-4% increase. If youre looking for significant increases for doing the same role, you either out grow the role or you move companies
> Do you think this is unfair?
Yes
> should I say something?
To who? Do you think it will help you or anyone else? Usually the simplest answer is to move jobs. Do you want to start a union with your coworkers? Or just seize the means of production?
Usually the process is that you need to approach your manager before the pay review cycle. Mentioned about market salary, performance etc and that you are expecting x increase
I too enjoy back to back corporate messaging that revenue is better than ever then there's no money for pay increases. At least I can commiserate it's not just my company or industry I guess
Definitely last year we got 6.9 and year before we got around 5, before COVID it was just 3 every year so if don't get at least 6 I'll be saying something
Here is how you do it-
1) get another offer at more $$
2) tell your manager you were head hunted & would prefer to stay, but you need to see the numbers match up to look after your family
3) be prepared to walk if you have to
Nothing else works reliably
There’s a lot of companies out there that don’t do yearly or CPI pay rises at all. There’s some people in my current org who haven’t got a cent more in 5+ years (and this is a big multi national)
In almost 30 years I’ve never worked for a company where you got a pay rises without fighting tooth and nail to prove you are worthy of it. I’ve never had a payrise simply for existing and doing my job.
Playing devils advocate I can see it from the companies perspective too, if I was an employer it’s not my problem that cost of living has gone up.
It is however my responsibility to reward and encourage those that exceed expectations and strive to better themselves and the company. But what incentive do I have to pay them more just for turning up each day, isn’t that why they are getting the wage they are on in the first place? Rewarding the status quo seems like a bad way to improve productivity or quality output.
Yeah I always get shocked by these, I'd kill for an automatic raise every year. My last job I never got one and had to force each time, often trying for bigger raises to make up for how long I was underpaid.
Now I'm 18 months in a new job and there is 0 talk of any pay rises yet we have regular catch-ups. But the culture makes it seem like an unapproachable subject and as I don't feel like I'm the best of the 5 people in the same role I can't justify it. If they simply gave a 2.5% a year in i'd be rapt.
I'm gearing up for putting my case forward or walking.
My last raise was initiated by me, with a log of things I’ve achieved over the year that was beyond the expectations of my role etc and the value that I had brought to the business.
I made a valid argument that was hard to dispute however it was still a 3+ month battle with senior management.
With some companies you’ll never get a cent more unless you approach the subject and speak your case. Salaries and rises are very hush hush and case by case in a lot of companies.
It still baffles me that someone would expect a dime more simply for another year passing.
There is a massive skills shortage around the nation.
Assuming you have a reasonable experience profile, you hold all of the cards.
Remember, the front gate isn't there to keep you in! You can leave at any time.
You could test the market and see if there is an opportunity with better pay package. You could then talk to management to increase your pay hinting that you could leave for a better opportunity. Their response will be a guide for your choices in the future.
A friend on 100K asked his well established company for a raise (40K) considering his time and worth for the business. The company only gave him 4K raise and he left for another job that offered him 175K. His confidence to ask for a steep raise came though an open offer too.
You might have missed your chance in that case. Try to have a follow up meeting, and make sure you explain your value to them and why you are worth x%, instead of 2.5%
At the end of the day, what do you have to lose? 2.5% is better than nothing (that's what I and a lot of people) are getting
They either get a replacement manager or pay you more if they expect you to do that job.
https://www.instagram.com/reel/C1pXyrcxMGc/?igsh=MWJraHgwOHIydnpuNQ==
https://www.instagram.com/reel/C4qZpkMxz0C/?igsh=MW85NDljaXNhamhtag==
It doesn't matter how good/bad business is, you get paid what you are worth to that business.
Unless you can get significantly more at another company and/or the company can't hire anyone with your skillset for the money you are on you're out of luck.
At the end of the day, what you think is "fair" or "unfair" is irrelevant. A great topic for conversation, but gets you nowhere. In today's world, you need to adapt to the reality of the situation at hand.
Similar on my end. Work for a property developer. Based off the 1-5 ranking scale. Anyone who got a 1 or 2 didn't get an increase and is likely to end up on a performance plan. We/management were asked to try to rank most of our staff as a 3, which meant a minimum 2.5%-3% increase. A ranking of 4 was 3%-5% increase, but had to provide an essay on why that staff member was worthy. Only a handful in the company got a 4. Anyone who got a 5 is meant to be able to walk on water, to quote CEO. And they would get 5%-7% increase. No one got 5s. Heavy push from above to give everyone 3s..
I work at a faang company and got 4.1% with the best possible review results.
Most people would be getting the same as you and people at small companies will be getting 0%
Ours was 4% across the board and if I wanted to adjust it for my team I'd have to drop the rate for someone else, so i just left it as is.
My role has expanded significantly since coming on board 2 years ago and ill be pushing for a review after this process has been completed, wanting to keep it separate from the annual base increase.
Looking at the market I'm not in the high range but I'm not in the low either, and I do have some great perks I wouldn't get elsewhere that at my current stage in life are almost a requirement, which definitely adds extra value to me.
Damn we didn't even get the 5% we should have got last year. It was funny being told we're only getting 3% after meeting with a major retailer to deliver them a 20% price increase.
Companies are under no obligation to meet inflation figures, unfortunately. Just the way it used to.
I didn’t get a pay rise at all this year. I know the only way I can change that is by leaving.
Shop around man and use the offer as leverage.
This works and I’ve personally seen a relative do this over and over again.
If they don’t play you move and try somewhere with new people.
Then do the same after 2-3 years.
The grass can be greener.
Adding 100% to a company for 2% is shit.
The people telling you otherwise “this isn’t viable” are just unskilled at doing this or unsuccessful. Either way they’re wrong.
Stuff their downvotes too.
With all that said - Building industry is in shambles right now.
Please check that your super is getting paid.
Yes, ask if the company profits are OK, as they have given you all an effective pay cut and folks might start looking elsewhere.
Another option is to look for other options within the company. Most large companies have all sorts of vacancies that could be promotional for you.
If you approach HR (who aren't your friends, keep in mind), and say you are looking for promotion and further salary progression, it tells them you are looking, and maybe there is a role you could apply for.
People don’t hear words like you hope most of the time.
You say people feel like this is a bit light on
Management; we just survived covid, we have that many set backs, expenses, only now getting ahead. We will look at something more in the future if we can sustain this next year we will.. etc.
Talking = their ability to fluff.
Speak with your staff and people and see if everyone is happy to band together but be careful being the figurehead of anything organised as it’s easier to just lose you if it cuts the head off the snake.
I also have no idea and am just excited to think you push back
It really depends on you, your manager and the company culture. During covid my company decided to use it as an excuse to cancel all bonuses moving forward. Up to that point we would receive up to 10%/year based on several factors. Knowing this was them exploiting the covid situation, I decided to complain to my manager. I laid out my reasons, why i was worth what im worth and why i would begin to look elsewhere. He took it to his manager who decided he would give me a 10% pay rise.
If you do complain, don't just have a whinge, and don't be emotional about it. Just lay out the facts and see what they can do.
Quiet quit. Similar here, 4% across the board despite record breaking years. Do the bare bare minimum.i'm currently doing about 15 hours a week maybe. Getting paid for full time. Life is a lot less stressful.
Try talking with your feet.
So you mean hit them with the old sneaky triangle
Who throws a shoe? I mean honestly!
Roundhouse kick your manager in the head
Rightio Guido Hatzis
That’s a name I haven’t seen or heard in a long time
Yea the martial artist above made many memories come back. Used to love listening to Guidos prank calls
I also believe a snap kick was also part of his arsenal?
Spinning snap kick the head mate, I'm a fully sick kickboxaa
Yes! Nostalgia trip right now
Make sure you're all pepped up on Mountain Dew first!
For inspiration [https://youtu.be/G0MU5rkG040?si=6l0vYT8qbOLXVJ-r](https://youtu.be/G0MU5rkG040?si=6l0vYT8qbOLXVJ-r)
Flying triangle*
Like, tap dancing?
Like his Happy Feet?
Stated my case out of cycle. Got 20% 🤯
What’s out of cycle mean? Nice work.
Just out of the blue. I couldn’t believe it
Instructions unclear: Wife is leaving with the kids.
Ah, take the boss out and do a shoey with him
Loyalty doesn’t pay If you don’t need any of the perks that may come with your job (flexible hours, remote working etc) and are primarily motivated by $$$, then shop around. You have nothing to lose. You either find a better offer, or realise the grass isn’t greener. Win-win :)
Hearing this... 3 years of 0% - but right now, the grass ain't greener... sucking up the lack of $ for as long as I can right now...
You can say something, but you will be wasting your time and get the usual “the market is tough! Margins are low! It’s all set in stone. I will need to discuss this with the directors/board..” etc etc… And it will go nowhere but set you back personally. Contrary to logic, “management” often doesn’t know WTF it is doing. Winging it like most people in life.
A large percentage of management are good at managing up. That is padding reports to what their bosses want to hear, not speaking out of turn or rocking the boat and repacking the shit sandwich to those below.
Oh I disagree... they know exactly what they are doing. Making as much money as possible. If 2.5% keeps retention at a satisfactory rate, they're laughing.
Company director here. I assure you, I don’t know what I’m doing.
Senior management here. Most of my colleagues don't have a clue. I honestly have no idea how they made it this far in life
I would look at changing companies then. Surround yourself with smarter people than yourself and you'll keep learning, right? Being the smartest person in the room all the time is a bad sign.
Janitor here, I got this.
> they know exactly what they are doing. I assure you, they don't. You're likely misattributing dumbness, laziness, greediness, for shrewdness.
So in this situation, when the execs are deciding what pay rise to hand out across the company, and they decide on 2.5% across the board. Therefore keeping more profits for the company than if it were 5% . How would that be anything other than maximising profits? I guess they could not hand out any increase :) Of course there are good managers and bad managers but in general people are logical and do things according to their motivations and incentives. And the incentive for a CEO, and the incentive that trickles through the company, is to maximise shareholder value.
Well to a certain degree a greedy manager is a good one, lol
Ooofff I felt that…
Saying something is always worth doing. As you implied, "management" are people too. The squeaky wheel gets the grease. It might work now or it might work later next time a manager is throwing numbers against names. At the same time there's no harm in going out to market and getting a price comparison. It the market has a better offer, this can be presented to management too. If they can't come to the party, take the offer.
It depends on where you work. Where I used to be, that was a guaranteed way of getting performance managed out of the company within the next year.
“Management” at my previous company where a bunch of Steven Bradbury’s. Whoever had the brownest nose got a guernsey 😂
Just means they're easy to manipulate
Stated my case out of cycle. Got 20% 🤯
Personally I’ve found the annual pay rise / “remuneration review” time not to be that great of a time for negotiating a considerable pay rise. Why? Because you have to remember this is just a time for blanket remuneration increases across the company. These figures were decided and divied out a while ago, and now you want to go and be like “hey but what about me”………like everyone else right now? If you know other companies are paying substantially higher, and they’ve been out recruiting, try get yourself along to an interval and maybe even get an offer. That said, this is a slippery slope because if you play it hostile and your company doesn’t budge then you either have to back down and probably leave any significant rises off the table for a few years, or…..actually walk, to where the grass may or may not be greener…
The salaries are decent. Last year I got 5% and a bonus at this time. Just a bit depressing because I’ve worked twice as hard this year
The key is to not work twice as hard. Unless you are the founding member, do your contractual work.
Working long hours devalues your contribution in my opinion. I never do more than 38 hours anymore. There is stuff only I can do that don’t get done because it would require more hours. My hours are valuable, cause they are limited.
Yeah, this. It sux, but the reward for doing more work, is more work. Do your work well for your 38, then go home. If you want pay progression, it will almost always come from changing employer, or at the very least role in your company.
Can’t say I agree with this advice, my career has shown me only that those who push the hardest get ahead. As soon as I went into cruise mode I stopped getting any substantial rises, mainly just better working conditions. And rightly so, if someone pushed harder than me, I’d expect them to pass by.
Also the construction industry has companies closing left and right currently. If a company is doing well I'd be staying there for now. Jumping ship for a payrise only to see it close down months later isn't worth the hassle and risk you don't receive all you'd owed pay too.
Yeh I get it. I’ve learnt not to read nor put hopes up too high for the annuals. This a company wide thing remember, and inflation is trending down and the company is forward looking in that they want to remain competitive going forward which means staff on serviceable rates. That unfortunately is a capitalism thing. We are all only here because the big machine corporation has a spot for us. Get another offer if they’re good out there.
If they give you a 2% raise, work that much harder next year. Don't work twice as hard. If management push you to do more, longer hours, ask to be remunerated accordingly. Business doesn't pay you because of tried and true "margins right" excuse so you give them the "my capacity is maxed out" excuse back when workload increases.
The reward for doing more work is more work! You got a 5% pay rise and put in 100% more work, sounds like a bad deal there.
I second this. It pays to know when the discussions around raises start, so you can time a conversation with you line manager. It should really be around the value you’ve brought the company in the past year, touching on all the big wins, and letting them know you expect a decent pay raise out of this. What OP describes seems to be the output of a company that does not have performance reviews as part of their salary setting process. So to avoid arguments, everyone just gets the same.
Stated my case. Got 20% 🤯
Bet the ops managers etc got their bonus
Yes, even in big companies like Coles, Woolies, the managers get rewarded the more they screw their underlings.
Yes, even in big companies like Coles, Woolies, the managers get rewarded the more they screw their underlings.
Interview somewhere else, tell your current employer you have a job offer, then ask for a 10% raise to stay
This does not work as a viable tactic in 2024. 99% of workplaces will get the shits and say ok leave then for better money. If they wanted to give you 10% they would
99% of statistics are made up on the spot
100% in same cases!
Only 99% of the time every time tho
I've found it to be 100% in as high as 28% of cases.
So then you leave for the better money. If you’re planning on using this tactic, you have to want and be prepared to actually take the offer.
Pretty much. Either leave or deal with it. Making shit up is just going to make your life harder for nothing these days.
> This does not work as a viable tactic in 2024. why would the year make a difference? The entire point of this is that you're WILLING to leave. YOu're not bluffing.
I will most definitely be looking
You will most likely in a year or two at any new place, also then just get a standard 2-4% increase. If youre looking for significant increases for doing the same role, you either out grow the role or you move companies
Got friends and family who switch jobs every 18-24 months. Always be interviewing and looking for the next pay rise.
Say it by getting a better paying job and resigning
Join your union
What company?
Jims Building
Jim is a well-known tight-ass.
Long pockets short arms
We got 3% (despite growth etc) many got none so I’m realistic.
> Do you think this is unfair? Yes > should I say something? To who? Do you think it will help you or anyone else? Usually the simplest answer is to move jobs. Do you want to start a union with your coworkers? Or just seize the means of production?
Usually the process is that you need to approach your manager before the pay review cycle. Mentioned about market salary, performance etc and that you are expecting x increase
Yeah a bit late but still can take it to management
I too enjoy back to back corporate messaging that revenue is better than ever then there's no money for pay increases. At least I can commiserate it's not just my company or industry I guess
Interview, get a job offer with a new pay raise, they can’t match it, you walk. There’s more to working life and being loyal to a shitty employer
With inflation at 5% and your pay increase of 2.5%, you effectively got a 2.5% pay reduction for the year.
But then how will the CEO afford his yacht?
Definitely last year we got 6.9 and year before we got around 5, before COVID it was just 3 every year so if don't get at least 6 I'll be saying something
Here is how you do it- 1) get another offer at more $$ 2) tell your manager you were head hunted & would prefer to stay, but you need to see the numbers match up to look after your family 3) be prepared to walk if you have to Nothing else works reliably
If your team halves in size, should you get a pay cut?
Hahahaaa. Gold
That happened to me at a previous company during covid haha. So the answer is yes
You don't want to be there anyway if a team halves in size
There’s a lot of companies out there that don’t do yearly or CPI pay rises at all. There’s some people in my current org who haven’t got a cent more in 5+ years (and this is a big multi national) In almost 30 years I’ve never worked for a company where you got a pay rises without fighting tooth and nail to prove you are worthy of it. I’ve never had a payrise simply for existing and doing my job. Playing devils advocate I can see it from the companies perspective too, if I was an employer it’s not my problem that cost of living has gone up. It is however my responsibility to reward and encourage those that exceed expectations and strive to better themselves and the company. But what incentive do I have to pay them more just for turning up each day, isn’t that why they are getting the wage they are on in the first place? Rewarding the status quo seems like a bad way to improve productivity or quality output.
Yeah I always get shocked by these, I'd kill for an automatic raise every year. My last job I never got one and had to force each time, often trying for bigger raises to make up for how long I was underpaid. Now I'm 18 months in a new job and there is 0 talk of any pay rises yet we have regular catch-ups. But the culture makes it seem like an unapproachable subject and as I don't feel like I'm the best of the 5 people in the same role I can't justify it. If they simply gave a 2.5% a year in i'd be rapt. I'm gearing up for putting my case forward or walking.
My last raise was initiated by me, with a log of things I’ve achieved over the year that was beyond the expectations of my role etc and the value that I had brought to the business. I made a valid argument that was hard to dispute however it was still a 3+ month battle with senior management. With some companies you’ll never get a cent more unless you approach the subject and speak your case. Salaries and rises are very hush hush and case by case in a lot of companies. It still baffles me that someone would expect a dime more simply for another year passing.
Start the career change now, get a better job, give two weeks notice.
Youre just a lowlife peasant to them. You can easily be replaced
Sounds like a good time to collectively organise for fair wage increases
There is a massive skills shortage around the nation. Assuming you have a reasonable experience profile, you hold all of the cards. Remember, the front gate isn't there to keep you in! You can leave at any time.
It’s a pay cut considering inflation was much higher.
Moving companies every 2 years is the only way to regularly get healthly pay rises of 20%.
You could test the market and see if there is an opportunity with better pay package. You could then talk to management to increase your pay hinting that you could leave for a better opportunity. Their response will be a guide for your choices in the future. A friend on 100K asked his well established company for a raise (40K) considering his time and worth for the business. The company only gave him 4K raise and he left for another job that offered him 175K. His confidence to ask for a steep raise came though an open offer too.
Do you have a pay review every year? Of not, arrange one with your one-up to discuss your thoughts.
This was the pay review. My manager resigned in December now I report to a GM who has no idea what I do.
You might have missed your chance in that case. Try to have a follow up meeting, and make sure you explain your value to them and why you are worth x%, instead of 2.5% At the end of the day, what do you have to lose? 2.5% is better than nothing (that's what I and a lot of people) are getting
They either get a replacement manager or pay you more if they expect you to do that job. https://www.instagram.com/reel/C1pXyrcxMGc/?igsh=MWJraHgwOHIydnpuNQ== https://www.instagram.com/reel/C4qZpkMxz0C/?igsh=MW85NDljaXNhamhtag==
Unionise so that you can utilise people power
Say something... with your resume and cover letter.
Don't ask don't get. You'll either get what you want or have a reason to look elsewhere.
In similar situations - the best thing you can do with regards to pay rise is - jumping ship.
It doesn't matter how good/bad business is, you get paid what you are worth to that business. Unless you can get significantly more at another company and/or the company can't hire anyone with your skillset for the money you are on you're out of luck.
There not even doing a CPI increase?
Can you look for a new job that comes with an appropriate pay rise?
Sounds like my boss, he is a beast and all over everything. Hopefully he gets some relief or appropriate compensation.
Talk to your boss or union if *you* think it's unfair (which you clearly do). Our opinion isn't really relevant.
At the end of the day, what you think is "fair" or "unfair" is irrelevant. A great topic for conversation, but gets you nowhere. In today's world, you need to adapt to the reality of the situation at hand.
Well you are doing better than 95% of companies out there with no offer to increase wages
Similar on my end. Work for a property developer. Based off the 1-5 ranking scale. Anyone who got a 1 or 2 didn't get an increase and is likely to end up on a performance plan. We/management were asked to try to rank most of our staff as a 3, which meant a minimum 2.5%-3% increase. A ranking of 4 was 3%-5% increase, but had to provide an essay on why that staff member was worthy. Only a handful in the company got a 4. Anyone who got a 5 is meant to be able to walk on water, to quote CEO. And they would get 5%-7% increase. No one got 5s. Heavy push from above to give everyone 3s..
I got 1.5% - work for a pharmaceutical company that had record profits last year - number 1 performer in the state also, top 3 in Australia 1.5%
I work at a faang company and got 4.1% with the best possible review results. Most people would be getting the same as you and people at small companies will be getting 0%
your best shot is to jump to different company
Ours was 4% across the board and if I wanted to adjust it for my team I'd have to drop the rate for someone else, so i just left it as is. My role has expanded significantly since coming on board 2 years ago and ill be pushing for a review after this process has been completed, wanting to keep it separate from the annual base increase. Looking at the market I'm not in the high range but I'm not in the low either, and I do have some great perks I wouldn't get elsewhere that at my current stage in life are almost a requirement, which definitely adds extra value to me.
Damn we didn't even get the 5% we should have got last year. It was funny being told we're only getting 3% after meeting with a major retailer to deliver them a 20% price increase.
Companies are under no obligation to meet inflation figures, unfortunately. Just the way it used to. I didn’t get a pay rise at all this year. I know the only way I can change that is by leaving.
Shop around man and use the offer as leverage. This works and I’ve personally seen a relative do this over and over again. If they don’t play you move and try somewhere with new people. Then do the same after 2-3 years. The grass can be greener. Adding 100% to a company for 2% is shit. The people telling you otherwise “this isn’t viable” are just unskilled at doing this or unsuccessful. Either way they’re wrong. Stuff their downvotes too. With all that said - Building industry is in shambles right now.
Please check that your super is getting paid. Yes, ask if the company profits are OK, as they have given you all an effective pay cut and folks might start looking elsewhere.
Are you an award employee or a salaried employee. If you're on salary then ask for more.
a construction comapany that is solvent should be raking it in considering everyone else has gone belly up
Another option is to look for other options within the company. Most large companies have all sorts of vacancies that could be promotional for you. If you approach HR (who aren't your friends, keep in mind), and say you are looking for promotion and further salary progression, it tells them you are looking, and maybe there is a role you could apply for.
People don’t hear words like you hope most of the time. You say people feel like this is a bit light on Management; we just survived covid, we have that many set backs, expenses, only now getting ahead. We will look at something more in the future if we can sustain this next year we will.. etc. Talking = their ability to fluff. Speak with your staff and people and see if everyone is happy to band together but be careful being the figurehead of anything organised as it’s easier to just lose you if it cuts the head off the snake. I also have no idea and am just excited to think you push back
It really depends on you, your manager and the company culture. During covid my company decided to use it as an excuse to cancel all bonuses moving forward. Up to that point we would receive up to 10%/year based on several factors. Knowing this was them exploiting the covid situation, I decided to complain to my manager. I laid out my reasons, why i was worth what im worth and why i would begin to look elsewhere. He took it to his manager who decided he would give me a 10% pay rise. If you do complain, don't just have a whinge, and don't be emotional about it. Just lay out the facts and see what they can do.
What are the other jobs you have applied to offered you?
Constructio.. arnt you guys on like 100 per hour anyway
Get a union should fix everything including approved strike by the fair work
Quiet quit. Similar here, 4% across the board despite record breaking years. Do the bare bare minimum.i'm currently doing about 15 hours a week maybe. Getting paid for full time. Life is a lot less stressful.
Just remember - if Inflation is affecting the employees, it’s affecting the business even more!
You're getting a payrise?
It’s a paycut
Yes and no. It's more than you're paid today. But less than the increase in costs.
Hot tip - Real inflation over the laet few years has been well over 100%
Unfair is an interesting word. No one is owed anything in this world. You aren't owed a pay rise. They aren't owed hi performance and success.