Salary Increase %

[Lynda]

Hi, what would be considered a fair salary increase percentage? Inflation related.

[HR Solutions]

Hi, what would be considered a fair salary increase percentage? Inflation related.

As far as I am concerned a salary increase should be dependant on how long you have been with the company, how well you have performed in the company and how well the company is performing. A salary increase in today's times is not guaranteed (unless obviously it is written into your contract)

[Dave A]

Hi, what would be considered a fair salary increase percentage? Inflation related.

To my mind, inflation related as a bare minimum seems fair enough if nothing else has changed. However, a lot depends on how the company is going and the performance of the employee - if you're in a position to differentiate down to an individual employee level of course; really large companies often have problems in this regard.

I know of companies where you are paid to grade and that's it. No personal appraisal and no personal performance increment in there at all!

As an employer myself though, if I give anyone less than inflation +1% as an annual increase, I do call the affected people in to discuss the reasons behind this first before the annual increases are actually implemented. For those who have merited a larger increase, I've been inclined to surprise them.

I haven't had any complaints yet with this approach (although I suppose there's always a first time )

[ghostwriter]

as far as i know [last month]

factors
transport 8.2%
petrol prices 22.6%
food index & non-alcoholic drinks 6.8%
clothing & footwear index 3.1%
goods & services increased 7.6%
housing & utilities 5.5%
education 9.0%

so yes DaveA give +1% ok but if you value someone +1.5 < 2.1 is fine
but consider performance bonus and see if you can help them with
SARS managing TAX saves money

[Lynda]

Thank you to all for the replies. Much appreciated.

[kiki]

Is a new contract needed with a salary increase?