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pay rise

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emailer | 15:54 Tue 27th Jan 2004 | How it Works
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what percentage pay rise should you get this year to keep you in line with the cost of living, inflation etc. I don't need anything spot on just a rough figure
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According to the Government, that would be the same increase that pensioners will be receiving in April - 2.8%; this is based on the annual increase in the Retail Price Index in September 2003. In reality, the cost of living of many individuals will have increased by more than that figure, but exactly how much depends on patterns of expenditure, as wll as factors such as local Council Tax.
geofbob, very handy and timely piece of information.
can I please ask where you got the information from, as we have a pay review due at work shortly and are going to get offered less than that. I would like to be able to quote an official source rather than just "geofbob from answerbank"! Cheers :-)
if you go to Mile's Mendoza's website of the day on the bbc radio 2 website, he has recently had an are you being paid enough website on.
The actual annual RPI figures (with links to further info) are at http://www.theanswerbank.co.uk/PostAnswer.go?quest
ion_id=40401&category_id=8
Another website, with inflation figures going way back, but where you have to do arithmetic to work out the annual increase, is http://www.wolfbane.com/rpi.htm
great stuff, thanks. sorry for hijacking yer question emailer!

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