woohoo, 10.8% payrise

[Psymonkee]

Nothing 2 years in a row in an ever growing supermarket chain.

Wonder how much of a rise the big bosses are getting? :\

[Grandad]

nice

I haven't had that much in last 6 years put together

and I have done better than most at my place, most haven't had a rise for 10 years

[Grandad]

Originally Posted by Zirax

Sweet! I feel sorry for the poor sods going to uni now 9k per year fees. There was a report of UK students going abroad because of it, Holland IIRC.

you reckon they are going because of the fees

Mum, Dad, if I spend 3 years in Amsterdam it will save you a fortune, mmmm

[LeperousDust]

Woohoo i don't earn enough to pay it back!

//Ignoring my **** situation/problem

[jmc41]

Very nice. About 3-4 years ago our company did a re-calculation of salaries against competitors (also 5 good people left in 5 weeks) and we got similar percents.

However, that was a first, and since then anything about 2% (or anything at all) has been considered very good. Review period is now July, and the company is currently showing major profit margins against targets and the last few years (where we still made a decent profit). Hmm, we'll see.

Despite not going as well as hoped, getting a degree really increased my earning, but if I'd had to pay off £30k+ in place of £10k or so? would definitely have caused some re-thinking.

On that note, mate joined the police and had to pay off the £10k or so he owed for 2/3 of his degree (the police will pay for the rest I believe), he had to borrow from family for that - a lot of folks don't have that option, and that was before it cost £9k a year.

[Jonny69]

I paid mine off out of my savings a few years ago. I was on the older 'mortgage' style system which was up to the first year they introduced fees. A couple of years ago I noticed the interest rate was up to 7.9%, so I decided to clear it.

[Del Lardo]

Just to clarify, my company haven't given me a penny more, I was very surprised what a difference the payment stopping made to my income, well for a month or so until the extra money gets stuck into my pension

[Pebs]

Originally Posted by Del Lardo

Just to clarify, my company haven't given me a penny more, I was very surprised what a difference the payment stopping made to my income, well for a month or so until the extra money gets stuck into my pension

Then I apologise for thinking bad thoughts about you! I thought 'smug git!!' as I watch my monthly paycheck slowly decrease and not be able to do a damned thing about it. Other than leave. Or whinge! Nice one on getting rid of the millstone

[Jonny69]

Originally Posted by Del Lardo

I was very surprised what a difference the payment stopping made to my income

Yep, I think everybody forgets that bit. Even on a modest wage when you've got £150+ off every paycheck it makes quite a big drain on your everyday life. That's money you can't use to progress in life with. You can't use it to go towards savings, pension, mortgage, car, kids etc etc.

Fine when you've got a small loan that you can pay off in 5 years. Not so good when it takes 10 years. Absolutely appalling if it will take 20+ years.

[Garp]

Originally Posted by Jonny69

Yep, I think everybody forgets that bit. Even on a modest wage when you've got £150+ off every paycheck it makes quite a big drain on your everyday life. That's money you can't use to progress in life with. You can't use it to go towards savings, pension, mortgage, car, kids etc etc.

That's because it's already money you've spent to progress life before you even had it.. paying off your student loan is progressing your life. Unless your degree is completely and utterly useless.