• XIIIesq@lemmy.world
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      1 year ago

      What do you mean?

      I and many others received the biggest payrise of their careers last year.

      Inb4 “iTs StIlL a ReAl TeRmS cUt!!!”.

      It’s still 8ish percent more than we had, , ,

      Edit: Downvote if it makes you feel better, the distinction between a pay rise and a real terms pay rise is quite clear and it’s obvious which this article is talking about. You stating “real terms cut!” is adding nothing to the debate, we are all well aware that it’s a real terms cut!

      The average worker in the UK has 8% more pounds in their paycheck than they did last year, you can debate the value of that but it’s besides the point

      • uberrice@feddit.de
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        1 year ago

        You know. I’m Swiss, so a lot of this inflation is very evident to me.

        In 2022, 1 CHF was around 0.8GBP. Now, in 2023, 1 CHF is around 0.9GBP.

        Guess what, that 8% pay rise was lower than inflation. 8% on top of 0.8 is only 0.864.

        Without any more pay in Switzerland, I got an effective raise higher than these ‘great’ 8% in GB