Inflation allowance in salary ?

iMax

Does anyone know if employees are legally supposed to get an inflation increase in their salary each year ?

We had a pay freeze in here for two years (three scheduled raises passed) & last year they lifted it & gave us 7.5% but I'm thinking that in the three years that inflation would have gone up by more than that...

Sleipnir

no, there isn't. They are not legally obliged to give you a pay rise at all.

Sposs

As Sleipnir said they dont have to give you a pay raise at all ,7.5% is fairly good as the average is only 4%

pebble

Like the two above, there is no law that says you have to get a pay rise at all, let alone one to the effect of inflation.
its all down to what you can negotiate and what you think you are worth in your current position and on the job market...

shoegirl

iMax wrote:

Does anyone know if employees are legally supposed to get an inflation increase in their salary each year ?

We had a pay freeze in here for two years (three scheduled raises passed) & last year they lifted it & gave us 7.5% but I'm thinking that in the three years that inflation would have gone up by more than that...

Inflation has been running at about 4-5% per year for the last 3 years.

You have no legal entitlement to a pay rise. Employers can pay what they like, but cannot cut your salary unless you go on short time or a reduced working week.

Also in some sectors, especially IT, salaries have collapsed through the floor and fallen down the stairs. So they will not be willing to give anything to existing staff who were hired at more generous rates. 7.5% is not bad, even if you got nothing for two years. I once worked in a job where I got nothing for 3 years. If you want rises, the unionised sector is better because pay is bargained collectively.