Economics
24 watchers
Jan 2022
12:34pm, 31 Jan 2022
21,945 posts
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Bazoaxe
haha, lets see...if I get a payrise it will not offset the rising costs, There are other ways of managing as well, but most of which relate to saving less, but some of these then have a double whammy as putting less into my pension for example means I pay more tax To be fair I am very lucky in that I can find ways to manage. The impact on many others though and how they will make ends meet is very worrying |
Jan 2022
12:45pm, 31 Jan 2022
11,064 posts
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lammo
Indeed, my payrise won't (isn't) offset the rising costs, am sure we'll be ok though as long as we keep our jobs
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Jan 2022
12:55pm, 31 Jan 2022
2,369 posts
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Fields
There’s been no pay rise for 18 months for virtually all of my colleagues
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Jan 2022
1:12pm, 31 Jan 2022
21,947 posts
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Bazoaxe
We had no payrise in April 21 (*), but there was one in April 20 albeit not much. April 2019 no one earning £75k+ (I am not in that group) got a payrise and the small pot was shared around the under £75k earners (*) By virtue of taking a new job I did get a payrise that went with the new role which was very fortunate. |
Jan 2022
9:51pm, 31 Jan 2022
61,406 posts
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GlennR
Lots of focus on NI and energy price rises, but the upcoming CPI plus 3.7% rise in phone and broadband prices is going to hit people too.
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Feb 2022
8:25am, 1 Feb 2022
21,956 posts
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Bazoaxe
Yes, forgot about those Glenn. I have heard talk of Virgin raising prices but nothing formal from them yet. Might need to negotiate although my current deal is a pretty good one and includes a free unlimited SIM which saves on phones cost. For phones I pay for my wife and daughter but their contracts end in March/June and so I will have a saving there as they go to SIM only. That said my wife has her eyes on an upgrade, but my daughter is working and earning and o the deal is if she upgrades, she pays but I will pay SIM only if thats what she does (as we did with my son when he started working) |
Feb 2022
8:28am, 1 Feb 2022
41,246 posts
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HappyG(rrr)
What's a payrise?!  G
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Feb 2022
10:34am, 1 Feb 2022
11,068 posts
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lammo
Yes good point Glenn that is quite some rise
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Feb 2022
11:39am, 1 Feb 2022
11,071 posts
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lammo
bbc.co.uk Increasing rises in house prices too, i'm assuming a rate rise would start to slow that, which must be a good thing surely, rate of increase seems unsustainably high right now |
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Feb 2022
8:25am, 3 Feb 2022
11,082 posts
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lammo
So, todays the day, any predictions? I think we might get a .25% rise |
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