Salary Reviews
This is just a rant but, anyone else upset with salary reviews this year?
This year I was handed a below inflation pay rise of 7.5% vs c. 10% UK CPI.
My company had a great year, and my team too. In my personal performance review, I was given all round excellent feedback and recognised as a top performer (was promoted last year so that's of the table). However, when it came to pay reviews, my company opted for a classic “due to unprecedented circumstances…” waffle about why they couldn’t match inflation.
From asking around I am getting the impression I am not alone in my eperience?
Highly doubt the majority of people got even close to inflation-matched pay rises this year lol.
7.5% is a pretty nice pay raise in this market... think expecting a 10% raise outside of promotion was incredibly unrealistic. Are you also going to let them lower your pay once inflation recedes?
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