If you’re in a role similar to your current one next year, what pay increase do you expect?

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BoganFlavouredWater

A soggy SAO, shared amongst the team; room temperature.

Gloomy_Pirate_3031

Haha fkin haven't heard that for a while. Just the board members sorting the team out

BoganFlavouredWater

I said room temperature, but it was recently microwaved in the break room. Everyone can smell it. The cost will come from our pay. The Salada with the white pate? Don't. Just don't.

(Help me, I can't stop)

alana_del_gay

In my 10 years of working professionally, I've never received a pay increase that wasnt the result of a promotion. I will expect a 0% pay increase unless my job title changes

artsrc [OP]

That more or less matches my last 15 years.

alana_del_gay

In fact, every single time I was promised (3 times) a pay increase without promotion, it never occurred.

Nervous-Telephone-26

I want 10% im expecting to get nothing and more workload.

Gloomy_Pirate_3031

0% and 20% more work. But at least you're not fired, that's your pay rise lol

Gloomy_Pirate_3031

True inflation is 5-7%. So you need at least that to keep pace. We're at 2010s wages for most

Rowvan

I work for a large multinational American company, here I'm honestly lucky they even pay us at all. They could not give a single shit about Australian labour laws. No pay increases is the absolute norm.

iammerelyhere

What is this "pay increase" of which you speak?

Powerful-Respond-605

4% thanks to unions.

artsrc [OP]

If inflationary expectations are really a thing that matters, and I am a sceptic, and we want CPI at around 2.5%, which I think is too low, 4% wage growth is about what we should be targeting. That gives has 2.5% for CPI, and 1.5% for productivity.

lawnoptions

zero

artsrc [OP]

How are your expectations of inflation related to your expectations around wage increases?

iammerelyhere

Dire

artsrc [OP]

So you are expecting massive wage rises?

iammerelyhere

No, high inflation and stagnant wages...again

IcyCredit8227

Pay increase? Whats that?

Burncity1901

Couldn’t add an option but Mine goes up by 75% per hour. Due to becoming qualified over the next year.

artsrc [OP]

75% is 7%+

I really meant people staying in roles which are currently similarly remunerated.

Switching to a role which is currently differently paid, higher, or lower, like retirement, or starting work, is a different thing.

Burncity1901

Yeah I know 75 is bigger than 7. I am staying in the same roll.

Ash-2449

Something that is a tiny fraction of yearly inflation just so they can tell you there was a yearly raise

chilli_enema_detox

Same job, guaranteed annual pay rise of last FY quarter CPI capped at 4%. 

lunchbox651

My org does a yearly remuneration review where they look at the market, inflation and how shit you are at your job and give you a raise accordingly. I've normally gotten about 4-10% depending on my salary. The higher it gets the more likely a 5% is.