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Subject: Standard rate of inflation
the median pay level last year was £24k and a bit
Given that fully half people earn 24k or less I'd guess that starting pay is often 20 or under
Given that fully half people earn 24k or less I'd guess that starting pay is often 20 or under
I meant anyone at my company. I know the office junior came in on £20 500, fror example.
"Obviously they are unlikely to tell the truth and actually admit they intend to use the lower of CPI or RPI"
A good thing then that I keep all the annual pay rise letters in which they state the amount awarded and current level of inflation. The figure has always matched CPI, although there has been no explicit statement to that effect.
To be fair, most rises are greater than inflation anyway. But CPI plus 1% is a much better deal this year than RPI plus 1%..
A good thing then that I keep all the annual pay rise letters in which they state the amount awarded and current level of inflation. The figure has always matched CPI, although there has been no explicit statement to that effect.
To be fair, most rises are greater than inflation anyway. But CPI plus 1% is a much better deal this year than RPI plus 1%..
I like my job I go up about 1k a year regardless. Which if I was on top whack would mean a rise below inflation but now means slightly more.
loads more earn less than 24k to allow for people that earn quite a lot more...
because if fully half earned 24k or less, half earned more. since they can earn an unlimited amount and certainly many times 24k it means the original statement cannot be true. the breakdown cannot be 50/50
the mean is noticeably higher than 24k I think - and therefore misleading as well under half the population earn the "average" salary by that standard.