One yearly pay rise within or below the latest price out of rising prices was, in the real cash conditions, a pay reduce. So you might want to consult a percentage increase to fit rising prices, and you will a supplementary amount to prize the victory.

For every single ?100 your received last year, you would need to earn ?106 in 2010 to suit your money to get the exact same worth, centered on Office to have Federal Analytics computations. You should use this calculator to find out how much cash regarding a cover rise you need to inquire about if you were to think they is go up to match rising prices.

Although not, although it might be enticing so you can validate your own obtain an effective spend go up because of the talking about the brand new increasing cost of living and you can rising prices, occupation advisor Samantha Lubanzu suggests direction regarding that it to work in your individual value. Read more about How much cash out of a cover go up should you require? …