HI All,
I was after some advice, I joined a new company around 2 years ago after the first year the company wasn't doing as well as they had hoped and in general the country was in recession so when it came round to pay increases I wasn't really excepting anything huge. We got around a 3% increase. Which was great.
This year however the company has had one of the best years on record with massive profits (in the 10s of millions) and the following year is expected to be even better. We just had our end of year review where all the talk from the CEO was how amazing the year has been etc..and I have been given a healthy bonus (we worked our nuts off), they are also changing around the team so I will in effect be in a more senior role from now onwards, but when it came round to pay rises we actually got 2.5% which I am really disappointed about.
I know that may sound terrible to people who have had pay cuts, lost jobs etc.. but I cant help but feel a little shafted as the company has posted record profits they have gone through the motions of saying how well they have done internally and externally and then seem to shaft the employees.
They have backed up the small increase by saying that in other industries people have lost jobs, had pay cuts etc.. which I know is true but it feels like a bit of a cheap shot when the company is doing so well, and will most likely have a record year. It is also a year where the company is moving office so several employees including myself will be worse off with the move (in terms of fuel etc...).
I was wondering what peoples thoughts on this sort of thing were, am I being a bit greedy/selfish or would you recommend speaking to my boss about it, and how would you recommend going about that? (I have never in previous roles had a situation like this where I feel so let down, and actually quite angry. I am also not one to moan about pay ever.)