andrewducker: (Default)
[personal profile] andrewducker
Standard life has pay grades. Inside those pay grades people are assigned a percentage of the midpoint. Once a year (in November) people are moved up (and presumably down) the pay grade they are in. The pay grades themselves are also changed (to take inflation and national pay scales into account).

Graduate trainees are treated slightly differently - for the first two years we get 2 pay increases a year, one in November and one in May. This is onstensibly to bring us up to the level we suit faster, as we go through our quasi-apprenticeship. In actual fact I think it's to keep us happy so that we don't start looking elsewhere during the 2 year "you don't know anything yet" period.

Anyway, our May pay review came through today and it looks like everyone got a 4.55% pay rise. Which works out to about £50 a month after tax. Which will happily pay off my debts slight faster (or possibly a few more nights out :-> )

Any way round, I feel pretty happy about this...

Date: 2003-05-16 08:46 pm (UTC)
darkoshi: (Default)
From: [personal profile] darkoshi
do some places really decrease an employees pay due to poor performance (as opposed to company profits being down)? i think most pple would take that as an extreme affront and consider quitting because of it. which, i suppose, the company might want... but still, i haven't heard of that over here. you're more likely to be fired.

we're just having performance evaluations at my work. the one phrase in mine which quirked my amusement was to the effect of "in spite of her unique work habits, is effective and productive..." unique work habits? what's my supervisor trying to tell me there? i asked, and it seems he meant it as a compliment but just phrased it oddly.

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