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  Reply # 879316 16-Aug-2013 09:56
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  Reply # 879323 16-Aug-2013 10:05
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Just wondering was that a serious question regarding inflation??? I'd like to think not.

Inflation at the moment is around 2.3% or very similar per year at our Govt dept (that I no longer work for) our pay rise offer was 1.5% followed by 1% and 1% over our 3 year term so yes to answer your question in a lot of places your salary increase doesn't match your pay rise. As you can see that's only a 3.5% increase over 3 years where inflation wipes that increase out within 2.

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  Reply # 879329 16-Aug-2013 10:08
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Oh and to add to that I'd like to point out that as per everytime we were offered any payrise it was voted in to be accepted. As basically they don't have to give any pay rise and have at times of refusal to accept it been known to walk away from the bargaining table leaving staff with no pay rise at all.

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  Reply # 879330 16-Aug-2013 10:10
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I'm begging you, please start a new thread.

BTR



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  Reply # 879350 16-Aug-2013 10:36
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OP has been answered thank you. As far as I am concerned this thread is done.

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  Reply # 879365 16-Aug-2013 10:51
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gehenna:
macuser:Food for thought.


Inflation adjustments don't equal real world changes IMO.  Food for thought yes, but rarely does the employment market match the reserve bank's rate of inflation.


I'd disagree .

If you extrapolate your trend of inflation being higher than wage growth into infinity, then, even the highest income earners in the world would not be able to afford the cheapest of goods.   

The real world is far more complex than that. 

The fact is that if your wages increase by less than inflation then you are getting pay cuts in real terms. 

And, if you live in Auckland you are in extra trouble. I bought a house in Auckland back in the mid 90's for 300k -- I sold it, but that house is probably now worth well in excess of a million due to its central location.   There is no way a young person starting out on todays salaries could afford the same house on todays wages for the job I was doing back then. 

Point being, Auckland inflation is way higher than other parts of the country. 


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  Reply # 879378 16-Aug-2013 11:08
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  Reply # 880321 17-Aug-2013 21:37
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gehenna:


Thats a really odd looking early model HP laserjet

What did it say- "PC LOAD NAAAY"  ?




Ray Taylor
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