Increase in wages

C

contemporary

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Dont know where to put this...

If someone in IT was earning €30,000 in 2000 what would you expect them to be earning now taking wage inflation into account?
 
If the compant was doing well and I was good at my job I'd expect to be on at least 30% more.
 
30% would hardly cover inflation. This does not take account of experience ,improvements etc . I would have said 50% more on this basis.
 
I'm in IT - developer - and since 2001 I've got either a 3% or 4% increase each year and that's it. And my sal would have been less than yours in 2000. I could leave and get more elsewhere but there are certain aspects of this job that suit me and my lifestyle.
In general you will only get a significant increase with either a promotion, nowhere for me to go in here, or by leaving. You know that if they had to replace you and your knowledge they'd have to pay your replacement lots more to get them in the door.
 
Trish2006 said:
You know that if they had to replace you and your knowledge they'd have to pay your replacement lots more to get them in the door.
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That's why if you're having no luck pushing for an increase you should consider quiting your job and reapplying for it. You'll stand a good chance of being rehired (you are likely to be the most suitable candidate) but you'll find it easier to negotiate new terms in line with what the other applicants will demand.

You have to be prepared for the company to not rehire you though, whether through spite (distinctly unprofessional) or simply because a better candidate came along.
 
money man said:
30% would hardly cover inflation. This does not take account of experience ,improvements etc . I would have said 50% more on this basis.
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Why should someone be paid more for doing the same job in the same place?
You (should) get paid based on the value you add, not the years you're sitting in the chair.
 
It's the same job but after 7 years you would have increased knowledge. I'm assuming since the OP stated it's in IT that it's not an admin type, fill in the same forms day in day out job. As you become more experienced your job grows. I still have the same title and official job description that I had 6 years ago but I'm a much greater asset to the company because I know the systems inside out at this stage. I started more or less as a beginner and now I'm quite experienced. But on paper I still do the same job.
It's a well recognised fact, especially in IT, that you have to move to make more money.
 
Purple said:
Why should someone be paid more for doing the same job in the same place?
You (should) get paid based on the value you add, not the years you're sitting in the chair.
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lol, what about civil servants. my bro earned €30k in 2000 now he earns €33k I would have thought that he is earning less in real terms allowing for inflation
 
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