Have you had had a pay rise recently but felt worse off?

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Hammy747@reddit

Place I’ve just left announced there wouldn’t be a pay rise which has basically meant a pay cut because it’s essentially dropped everyone to the new minimum wage rate.

Needless to say lots of people just handed their notice in and they can’t figure out why

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NoExperience9717@reddit

Seems weird that a maybe 3% rise would change people's views that much to hand in notice. Unless they could find much better paying jobs elsewhere as there hadn't been a payrise in several years.

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glasgowgeg@reddit

Seems weird that a maybe 3% rise would change people's views that much to hand in notice

It's the disrespect of a pay cut. Any employer not giving a payrise matching inflation is just saying "Your work is worth less than it was last year".

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Hammy747@reddit

Basically this but while piling more workload on people.

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Popular_Register_440@reddit

Perhaps it’s not the 3% ‘rise’ on itself but it was the nail on the coffin after a worsening environment in the last few years.

I work for a car finance company and a decent few people have left this year because in the last 2 years, we’ve had 2-3 rounds of redundancy, lower bonuses, unclear and untrue communication from senior management and it’s gone from 2 days in office with flexi hrs to 3 days in office with 10-4 core hrs mandatory.

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Confudled_Contractor@reddit

I too a permanent role that allowed me to work via my PLC and pays more than my normal day rate by £100 per day. Hard work but good team and I’m enjoying it.

All good, until 4 weeks in I get a call offering me £100 per day more than that. Same set up and some other perks.

Felling worse off not quite but I’m feeling pretty torn at the moment. 🤯

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chris_567295@reddit

Anyone get a pay rise greater than 4.8%? Or should we all be pensioners?

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Dr_Passmore@reddit

The neat part is the war in Iran is going to create a massive price shock and we are all going to feel poorer.

There was a reason I spent the last 5 years job hopping. I finally get comfortable only for another cost of living crisis to come along.

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Smart-Fondant9015@reddit

Recently I found my old payslips from 2016–2017. Now I earn about 25% more then ten years ago.

The problem is — coffee used to cost £1 ten years ago, now it’s £4. An English breakfast was £4.95, now it’s £14.95. I used to pay £~40 a month for gas — now it’s £110. Electricity was £~50, now it’s £120.

Over the past decade, England has become a country where even a working person earning above the average is simply struggling to survive.

I honestly have no idea how people on average or minimum wage manage. I assume they rely on some kind of government support plus help from family — I just don’t see any other way.

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DrWkk@reddit

I feel worse off now than in 2017. Paid more than ever before, but worth much less.

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releasethekaren@reddit

I feel really defeated reading these honestly. I’m 25 and not far into my professional career and it feels so bleak. Has it always been this bad? Is it gonna keep getting worse forever? Is it this bad in every industry? Makes me feel like… what is the actual point

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melikebiscuit@reddit

I work for the NHS so will be getting 3.3% this year. Just had notice that water bill has doubled, gas and electric are going up, fuel is obviously through the roof and all the kids activities are going up in price too, so it means naff all in real terms.

My husband, who works for a private company that support the NHS, has just been told they don't have the money for a pay rise this year. So essentially we're taking a pay cut. There is no money in healthcare. Do not recommend.

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glasgowgeg@reddit

gas and electric are going up

Gas and electric are lower than they were at this point last year, about 11% lower.

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melikebiscuit@reddit

Yes, they'd just come down even further, but we've just had notice they're going back up again. So it eased slightly, but is now increasing again. Just frustrating when everything else is on the increase too!

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glasgowgeg@reddit

but we've just had notice they're going back up again

If you (again) ignore they're actually 11% lower, sure.

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melikebiscuit@reddit

That's literally one bill though. Every single other bill is higher than it was this time last year; phone, internet, water (has doubled), council tax, kids swimming, gym memberships, professional registrations, pet insurance etc etc etc. Unfortunately cancels out any reduction we saw (not 'ignoring') - and gas and electric had to drop didn't it really, because it had become ridiculously expensive the year before.

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glasgowgeg@reddit

That's literally one bill though

Yes, one you claimed was going up. It's not.

Unfortunately cancels out any reduction we saw (not 'ignoring')

You literally ignored that it had went down 11% because it was inconvenient to your claim that it went up.

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melikebiscuit@reddit

Alright mate 😂 you're right, I'm wrong, we're all swimming in money here 👍 have a lovely evening.

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glasgowgeg@reddit

we're all swimming in money here

Not even remotely relevant to what's being discussed. You made an incorrect claim and doubled down on it, you don't need to have a wee strop because you're wrong.

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melikebiscuit@reddit

Nah, I just can't be bothered to argue with you. You crack on though.

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glasgowgeg@reddit

This is just you still having a strop because you were wrong.

Have the last word you're desperate for, hopefully things pick up for you.

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melikebiscuit@reddit

OK 👌

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tyger2020@reddit

Which is weird, because it's (arguably) one of the largest industries on earth.

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melikebiscuit@reddit

Admittedly I'll never be out of work 😂 so silver linings and all that. Not that I want to be doing it in my 60s!

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Bellatrixforqueen@reddit

There’s none in the private sector either . I had no pay rise for years before I left and actually took a pay cut . It’s a really worrying state of affairs in your 40s with no real career skills/trade

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Educational_Try_6105@reddit

anyone telling you healthcare is “rewarding” because you get to be a nice person who helps people shouldn’t be listened to

i work in healthcare, but I’d move to an arms/tobacco/gambling company in a heartbeat if a good offer was there

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HayWhatsCooking@reddit

Unfortunately the demanding, entitled and angry arseholes outweigh the genuinely grateful and lovely people 5:1 so even without the financial incentive no, it’s not rewarding.

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melikebiscuit@reddit

Hard agree. I think people forget that the vast majority of us went in to the profession to help others. However when you have double/triple the work you're actually able to fit in to a shift, something has to give. I appreciate substandard care is upsetting and frustrating, but it's upsetting for clinicians as well as patients. Nobody goes to work to do a bad job!

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HayWhatsCooking@reddit

Absolutely. I understand the anger and frustration, because it’s fight or flight and scared/tired/pain filled people lash out, but what they don’t realise is that it’s the majority of people everyday. They aren’t the exception, they’re just like everyone else screaming at the staff who have the workload of 3 and facilities of half. The 3.3% really is a kick in the teeth, especially in light of the MP 2027 payrise.

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Educational_Try_6105@reddit

Every time I can’t afford to replace something that breaks, can’t afford to do anything, or my shoes take on a bit of water

i resent that i ever thought being altruistic was a good idea and wish i just went into finance or something

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melikebiscuit@reddit

I used to be an engineer before I changed career path. How I WISH I'd stayed in that line of work.

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Glittering_Vast938@reddit

Same with charity work. Rubbish pay, rubbish pay rises. Oh apart from CEOs.

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MrReadilyUnready@reddit

Strike.

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melikebiscuit@reddit

We did. That's why we're getting 3.3% this year rather than another kick in the bollocks!

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MrReadilyUnready@reddit

Strike again. And again. Until your pay is no longer unacceptably low.

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TentativeGosling@reddit

I can't see your up or down votes at the moment, but what makes you think the down votes are coming from public sector workers and not other people who don't want the public sector to strike? Look at the pushback and outrage against the doctors strike happening next week for evidence

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MrReadilyUnready@reddit

A lot of NHS staff have repeatedly rejected strike ballots, and then they turn around and somehow pin it all on doctors striking.

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Jebble@reddit

I'm the exact same off as my salary from 5 years ago which was 32% lower.

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matomo23@reddit

I work for a huge British multinational and last year I got no pay rise at all.

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Desperate-Drawer-572@reddit (OP)

Why

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Fluffy_Ad2274@reddit

It's not automatic to get a pay rise every year in the private sector - it depends on whether there's enough money in the pot. When I moved to working for the state, I was mindblown at the idea of an automatic pay rise. Granted, this year it was only 1.3%, but when there's no money, it's a fascinating concept.

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glasgowgeg@reddit

it depends on whether there's enough money in the pot

Has your company spent the last year losing money?

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XihuanNi-6784@reddit

it depends on whether there's enough money in the pot.

Please don't believe the things they tell you. On the whole, it depends on if they think they can get away with not giving it to you, not whether they have enough money for it lol.

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ConsciouslyIncomplet@reddit

Public sector may have no money - but they almost always provide a pay rise (albeit, it can be tiny!)

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Shot_Net3794@reddit

Because the public sector often has collective bargaining arrangements

Don't let anyone tell you that those things don't have any value

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matomo23@reddit

This is true. But the company I work for is also unionised, but the union is pretty useless at negotiating pay rises and are scared to actually ask us to strike. Even though we’d agree to do it.

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Glittering_Vast938@reddit

Absolutely agree. Private sector isn’t unionised hence quite often the rubbish pay.

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AirconGuyUK@reddit

it depends on whether there's enough money in the pot.

Lol. Lmao even.

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matomo23@reddit

Because they’ve been very clever about it over a few years. They gave us all very vague job titles that are basically meaningless, I won’t give an example as it’ll give away my employer.

Then they started comparing our jobs to people in other companies and if they say we are paid too much we don’t get a pay rise. But my job title doesn’t exist in any other company and there’s thousands of us with this job title all doing massively different jobs. So it makes no sense at all.

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BratTatt@reddit

I haven’t had one in three years 😩

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Then-Significance-74@reddit

Every year in my current job i had a pay rise (typically £1k) 2025 i received a pay rise of just £300.
I put this down to our company being bought by a larger one.... It wasnt until i looked a few weeks later that i basically worked out i was now on minimum wage!

My pay had always been above minimum wage, but due to the small pay rise last year it was actually only given to bring me inline with what i should legally get paid.

Im due a pay review this year month and im very curious at what it will be and i am prepared to walk if its not increased drastically. There are basically people i work with, who work 1/3 of what i do (for example i do 40 cases a day and one person does 5-10) and yet i get paid the same.

Typical with office jobs, its all down to favouritism. The boss likes this guy, so lets him get away with doing fuck all.

So currently i am worse off....mentally.

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lungbong@reddit

Minimum wage was just gone up so if you were on minimum on March they legally need to increase your pay this month.

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Then-Significance-74@reddit

Yep.. now by how much is the question. And will it be respective of the work I do compared to others.

I will see i guess!

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ProfessionalLie987@reddit

Some companies don’t even get raises which for me is diabolical, I work for a European company who’s central office all get annual pay rises yet the English offices don’t, yet when we ask for pay rises we’re told it’s not in the budget..atmosphere is toxic and people don’t want to there there, any payrise you get be grateful for imo however small it is

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tyger2020@reddit

Yah, pay rise are shit.

The goal is to upskill / work more. In the past month I've worked (extra) £511 after tax.

No pay rise is coming close to that.

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Several_Assumption_3@reddit

Pay rise: +3%
Cost of living: +30%
Me: character development

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Amda01@reddit

I've got £1700 gross payrise, just enough to throw me to the higher tax rate band with £58. More £ to the private pension I suppose.

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Zealousideal-Habit82@reddit

I got a pay rise this week of approx £100pm, sadly I get made redundant on May 2nd but the increased salary has added an additional £2350 to my severance package (I've done 22 years). At 52 years old this could have been the last raise I ever get.

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yepyep5678@reddit

You got this, 52 isn't that old and it's never too late to learn or keep pushing. I'm sure you'll get another pay rise, sucks about being made redundant but use the quick boost of cash to skill up while you're looking for the next job and you'll be fine. Good luck

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Zealousideal-Habit82@reddit

That's very kind of you. I'm in no rush to get another job. Going to take some time to regroup, I'm very fortunate as the severance is decent.

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BowiesFixedPupil@reddit

It's scary being made redundant post 50 I imagine. I'm 47 and the thought of starting again or searching is pretty intimidating, and I'd like to think I've got some reasonably in demand skills.

Enjoy the break though, we don't get many chances in life to take stock like this so I hope you come out the other side refreshed and ready to have a final stint before retirement.

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Bellatrixforqueen@reddit

I’m 45 and took a £3k pay cut and no commission for this job as less stressful than last .. nearer to £30k than £40k, and I’ve been here less than year and I think I’ll be getting made redundant in next two months if business doesn’t pick up. The thought of going back into a business with recruiters on their 20s makes me petrified as it was killing me mentally in last company so left without a job. I’m not quite sure what I’ll do to be honest !

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Zealousideal-Habit82@reddit

I would have liked to have done another two years then I would have been a bit more secure but I've ran the numbers and on paper if I'm regimented with my budget I can make it work, just. Offshoring and ai has been coming for me for a while so I've been preparing mentally and financially for a number of years but when the news hit in January it was still a shock however within a few hours I had calmed down a bit and now I'm embracing the opportunity to have a mid life reset. I was once told (in 2004) the last time this happened to me that on average a school leaver should expect to be made redundant 7 times in their working life so I'm seeing myself as being lucky. So far....

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Kindly-Berry8620@reddit

Just like that eh?! I realise you're trying to be supportive but this level of platitude should be wrapped in a health warning. Are you 12?

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Glittering_Vast938@reddit

Why shouldn’t they find another job at age 52? It’s by far from impossible.

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Kindly-Berry8620@reddit

I didn't say it was impossible. I simply highlighted it wasn't as easy as you casually made it seem.

Do not hear what I didn't say.

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repair-it@reddit

Good luck, I found that getting a new job when I was made redundant when over 50 was very hard indeed. I had to take a big cut in salary to get anything, and travel much further.

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Zealousideal-Habit82@reddit

This is what I fear, its partially why I'm not really going to try, I'll upload my CV and see if it gets any attention, I might get lucky but I'm planning on enjoying the summer and touring some bits of the UK ive never made it too starting with Scotland.

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Glittering_Vast938@reddit

Ah that’s a pain. Hope you find something else.

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Right_Yard_5173@reddit

I got 1% 😭

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Exercise-Fragrant@reddit

That's a "we don't think you're right for this job but we can't legally fire you" pay rise

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Right_Yard_5173@reddit

Whole company got the same. It’s that we are in a financial mess so get out as quick as you can pay rise.

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Exercise-Fragrant@reddit

That is horrible, I'm really sorry 😞

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helpmaboabjings@reddit

I don't understand how people can refer to price rises as a payout.

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_Dreamer_Deceiver_@reddit

You earn enough to buy exactly one hamburger. Price of hamburger goes up. You get no pay rise so you can't afford the one burger you had last year. So technically a pay cut.

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lamaldo78@reddit

It's basically pay rise compared to the current inflation rate

If pay rise is lower then most consider that a pay cut as they'll have less disposable income (not factoring in any lifestyle adjustments that is)

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Joeysaurrr@reddit

Every April I get closer to minimum wage.

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setokaiba22@reddit

The 3% is just an inflation increase on your prior salary so you are essentially the same

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RealMrIncredible@reddit

3% isn’t matching inflation so yes, you're worse off.

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IntelligenzMachine@reddit

Almost doubled my post-tax take home after changing jobs this year and I only just feel like the standard of living I get for the level I work I do is acceptable but is still nothing particularly special

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evenifihateit@reddit

I haven't had a pay rise in 4 years

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Cockapo0@reddit

That’s a you problem. If your business is exploiting you like that and you haven’t moved elsewhere then who is really to blame?

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CNRADMSN@reddit

Simple take by a simple person.

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Cockapo0@reddit

Simple person who makes more than you ever will. What does that make you :)

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CNRADMSN@reddit

Sure buddy, whatever you say... No one's ever lied on the internet, right? Right?!

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Lemon-Flower-744@reddit

The issue I had at my last company (back in 2018) is my boss would see £22k or £25k and be like "you should be grateful." Then would only give 2% increases every year but give the managers 6 months bonuses. After Covid I was like I'm out 😂

That's what I assume most companies are like, they see the bigger number of £25k/£30k and think you're on a decent wage but actually when you take out pension, tax, commute etc etc you're not actually left with much.

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JennyW93@reddit

My first job, that required a PhD, paid £25k in 2020. My boss’ only frame of reference was that £25k was a lot more than he was on in his first job post-PhD… 25 years earlier.

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Tigermilk_@reddit

I haven’t had a rise in 3 years either. However I already have a much higher salary than the national average, and my employer bent over backwards to accommodate my flexible working request (I only work 11 hours a week, start and finish when I want to within reason, mostly remote).

Sometimes in certain fields or with certain life circumstances you end up stuck due to knowing that other employers wont be as flexible. I’m lucky in that my work is very well paid, I enjoy it, and I find it incredibly easy (I do maybe 2-3 hours of actual work a week), and the good news is that after all that I’m finally getting a £10k increase this year (based on full time salary). ☺️

It’s worth considering that people get stuck due to many reasons (security, flexibility, stagnant job market), it’s not always black and white.

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AirconGuyUK@reddit

Yeah, either 3 or 4 years for me.

I realised the other day that because of under inflation pay rises I am now earning in practice £4,000 less per year than I was in 2019.

Shambles.

I kinda accepted it when my job was easy but they've loaded a load of responsiblities and work onto me recently so it's made me more bitter about it.

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jamjars222@reddit

Same. Being taken for an absolute mug tbh but they have been very flexible with me in terms of extra wfh days and letting me take care of family when needed. Damn do I need a pay rise now though

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Pepsi_E@reddit

me neither 😭 my manager who lives up north on 80k doesn't give af about those of us southeners on minimum wage 🫠

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Important_Ruin@reddit

More company issue rather than your manager, refusing to pay those lower down minimum wage.

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Desperate-Drawer-572@reddit (OP)

Why

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thebrainitaches@reddit

3% is a lot lower than inflation. It's effectively a pay cut.

I got 12% last year after several years of 0 and I still felt like it was crap.

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Miserableoldbugger@reddit

No pay rise so far this year, we normally have the letter last week in March. Kind of sucks.

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JKO-1991@reddit

I got a 15% bump this month. I must be lucky!

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FilmFanatic1066@reddit

I got a 5.5% raise this year but it doesn’t work out as much after tax each month

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Desperate-Drawer-572@reddit (OP)

Thats quite a good rise no?

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FilmFanatic1066@reddit

It’s only an extra £1650 a year

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Green_Lychee8221@reddit

An extra £100 and something every month is pretty good isn't it?

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crazygrog89@reddit

It is substantial yes. But I think if someone’s making £3k a month after tax for example, £100 won’t help much if eg. in London rent goes up £150, utilities collectively go up £50, groceries go up £30 a month etc.. It’s still better than nothing though.

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crazygrog89@reddit

Yeah every payrise has resulted eventually in worse off buying power for me the past 6-7 years or so. Better than no payrise, but still not enough, given that it should be at least 1.x times the inflation rate as the payrise amount is given pre-tax but then you lose significant part of it after tax (depending on your tax rate). In my case it’s been less than inflation each year since 2019.

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ShiningCrawf@reddit

Yes, but mainly because my car was stolen a week later

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MemoryRight2542@reddit

I got 4 pence an hour pay rise so £12.75 now

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Elegant_Law_6463@reddit

It's always been like that. The only time it isn't is if you get a promotion or maybe move jobs.

Then you spend more so your next pay rise doesn't seem enough.
It's a never ending circle unless you still track where your ££ is going and build up savings. Still having the occasional treats within reason.

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Front_Scholar9757@reddit

In this climate, people cant help but spend more. Not necessarily on treats (though they cost more too), but bills!

I've tightened my belt, switched energy, internet, and phone providers (and no, I don't have a flashy phone- just a sim only for £12/month!!) And yet no matter what I do and where I pinch pennies, more money drains away.

We earn what would have been a decent wage a few years ago. Always have been good with money. But we're squeezed beyond belief and are not getting pay rises

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stuaird1977@reddit

Surely you'd be worse off without any rise unless it triggered some kind of tax or student loan repayment

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Front_Scholar9757@reddit

Ive not had a raise & feel very much worse off.

I'm earning the same hourly as I was in 2023. It was a decent wage back then. Not now.

I got made redundant last year and had to take a pay cut just so I could keep a flexible job.

Pay rise looking unlikely.

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notactuallyizzy@reddit

got a pay rise of 1% just before I found out I'd not been paying enough tax, ended up worse off after the pay rise because my tax sorted itself out at the same time

additionally, my council tax went down £15, but my rent went up £60 and my electric went up £20 🥲

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AirconGuyUK@reddit

0% pay rise for 3 years..

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Dry_Action1734@reddit

I’m a civil servant, so usually they’ll aim to come to a deal by April, deal with the unions by September, and because payroll is crap, start paying the following April.

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repair-it@reddit

Yes, my pension rise is not keeping up with prices of things I need (food, fuel etc).

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Intruder313@reddit

Almost all of them as they fall short of inflation

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ultimateberk@reddit

It will be swallowed by every bill increase yearly and now mid contract rises. Earning more than ever but i was better off on half the salary many years ago.

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Ok_Net4562@reddit

Yeahi got promoted and i got a 5k raise but ive been moved to day shifts so lose my unsociable hours bonus which added up to slightly more. So now i have more responsibility for technically less money

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ultimateberk@reddit

Sounds like the backwards world of the civil service

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YodasGoldfish@reddit

Our pay rise is based on January RPI . I haven't checked myself but someone said yesterday it was 3.6%. It will be confirmed in June and back paid from the new tax year.

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Educational-Angle717@reddit

0% and job uncertainty - count yourself bloody lucky.

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ItsDominare@reddit

I got 7.5% this year but as it's only been on two slips so far I've not noticed much difference. I do recognise that it's more than a lot of people got though so I'm not complaining.

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Competitive_Pen7192@reddit

Completely wiped by the tax bracket freeze and various bills/food creeping up. Recent times I've never felt so underwhelmed with successive pay rises.

Have to feel for those who aren't getting anything as rises are barely treading water.

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LAcasper@reddit

I got promoted and was excited for my new salary but then they dropped it on me that there is a 'probationary' clause where you have to do the first six months on two grand less than the salary advertised when I applied.

Will be nice when that comes in. I did notice a difference at first but I've also been doing a shit ton of OT so that's topping everything up. I do worry about bills going up and everything still.

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Glittering_Vast938@reddit

That’s shocking!

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CNRADMSN@reddit

Havent had a pay rise since 2022 so wouldn't know 🤗

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MobileOrdinary6827@reddit

I started a new job in 2023. I just got my first pay rise last year at the company which was 2.5%. I have 2 degrees and yet they pay me £27k a year which is only like £3k above minimum wage. I'm told the company is only just starting yearly pay reviews this year for the first time. I'll find out by the end of the month what mine is, but I doubt it'll be much.

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Glittering_Vast938@reddit

We have had a 2% rise for the last 10 years which is effectively a pay cut.

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outline01@reddit

Interesting reading the spread of answers in here. It’s quite grim really.

Last year was the first year we had no payrises across the company. Across the industry, similar story - I looked to move and there wasn’t much available.

I’ve stayed put because of that and because I’ve managed to wrangle a few perks - leaving early, fully remote etc. But we can’t really cope with another year of no payrises across- everything has skyrocketed.

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NGBoy1990@reddit

3.5% COL rise this year, but Ive opted to make additional payments into my pension for the foreseeable so I'm taking home less than 2 years ago

So yes

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Necessary_Doubt_9762@reddit

Yup. My husband has a better paying job now and I got a 3% pay rise. The increase in costs means are worse off than we were 5 years ago. I feel incredibly frustrated. It just feels like we’re going to spend our whole lives trying to keep up with the cost of living rather than ever being better off when we get pay rises.

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EnjoyableBleach@reddit

The average person has had a real-terms decrease in disposable income for the last few years.

https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/householddisposableincomeandinequality/financialyearending2024

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JennyW93@reddit

I got 1.4% last year. We’re in negotiations for 3% this year, but I suspect it’ll be closer to half of that again if we’re lucky - it’s more likely to be nothing.

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Thomas5020@reddit

You guys are getting pay rises...?

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agentorange65@reddit

When the rate of inflation is 3% it kinda cancels it out. Anything less is in effect a pay cut.

Then employers wonder why people switch jobs so often. Perhaps if there was as much budget for existing staff as there is for new starters?

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Buffetwarrenn@reddit

Real Inflations been probably 5% for the last 4 years…..

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Drwynyllo@reddit

Console yourself with the fact that you'd feel even worse off if you hadn't the pay rise.

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XihuanNi-6784@reddit

These aren't pay rises really, but inflation adjustments. We should be calling them that and reserve pay rises for actual above inflation pay rises. Not a criticism just a thought. And yes, our recent 'inflation adjustment' wasn't enough to keep up with inflation.

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MysticalMinions@reddit

NHS payrise of 3.3%, but my husband has gone into the next pension band so will actually be £75 worse off!!

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mrfatchance@reddit

I’m on a variable rate for energy, and as it decreased my internet and council tax went up. It’s so frustrating.

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AMightyDwarf@reddit

Fiscal drag is killing any gains from pay rises for me. My pay rise was just slightly above inflation but the government gobbles up 40% of it which means I’m worse off.

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AutomaticInitiative@reddit

No same job pay rise I've ever had has covered the rises in rent, council tax, energy, food, even if it is "at inflation". Weird how that works.

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ReallyIntriguing@reddit

Civil Servant - EO Grade

We are getting a 3 year pay deal worth roughly 17/18% across those 3 years, effectively taking me from 34000 to 38,500 by July 2027

Not sure what hapoens for 27/28 tax year, most likely it'll drop back down to the normal 2.5/3%

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Kiathebadman@reddit

Got 3.9% this year which im happy with tbf.

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johnmk3@reddit

We negotiate our pay rises on a three year deal normally. We got 5% 2 years ago, 3% this year and next year will be 3% again

Probably be a pay cut by the time they come through

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yepyep5678@reddit

With a 3% rise you are worse off. You went backwards compared to last year due to inflation

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nowdoingthisatwork@reddit

Yeah. My pay was a few pence lower that the new minimum wage...take a wild guess at where my April pay rise has taken me too!

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Designer-Computer188@reddit

Not had a pay rise in 3 years, so triple fucked.

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Happily-Incorrect@reddit

Upped my prices by 10% this year as I've kept them the same for the last 3-4 years. Was excited about the upcoming improvement in my circumstances. Prices changed in March, everything feels basically the same. Maybe even slightly worse.

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smutanssmutans@reddit

Our business hasn’t really changed pricing much since we opened just over 5 years ago. Although we’d very much like / need the extra income, we’re worried that our turnover would actually be less.

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OurSeepyD@reddit

This is a little off topic, but I think that's quite a large jump all at once. Not sure what industry you're in, but I'd potentially consider upping in smaller increments (i.e. 2.5% every year / 5% every two years).

I think that psychologically if someone sees a 2.5% jump, they probably will think nothing of it, even when accumulated. If they see 10% all at once, it'll seem more extreme.

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shark-with-a-horn@reddit

By the time my student loan payment is taken off it's barely a pay rise anyway

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okbuddystaymad@reddit

The only pay rises I’ve ever got were just to keep up with inflation and stop minimum wage catching up to our salaries!

Just remember, if they could pay you nothing they would.

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