Quote:
Originally Posted by garinda
I agree, up to a point. Though I still think voting to give yourself a 20% increase is outrageous.
No matter how many peanuts you pay, you are still going to have a few monkeys.
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Well 20% is a large increase but if it were to get it in line with a reasonable figure and then they only got an 'in line with inflation' one in future years it would make more sense. The problem with equating pay rises in percentages is that each year you widen the gap between the top and bottom salary.
Say for example i were to get £4,000 per year, 4% increase gives me a £100 pay increase. If I were getting £40,000 i would get a £1000 pay increase - so next year it would be 4% on top of £4,100 and £41,000.
I've probably got my maths wrong there but I think you see my point.