Saturday, September 23, 2017

Pay Offer

My employer announced the pay deal for the next 5 years. For the average academic it will be a 9.1% increase (less for me), which is less than inflation was over the last 5 years :( For the average non-academic it will be 10.6%, which matches inflation. It's the same deal for both groups but some years will have absolute pay increases and some proportional pay increases, so the more you are paid the less you will get. Also, the after tax gain will be even less, because additional pay is all taxed at your marginal rate of tax. Seems the union has agreed to this. A minority of employees belong to the union. In theory you can appoint your own representative if you don't belong to the union... but that doesn't really happen, I assume. When I went to check the local union branch's Twitter thread to see whether they had anything to say about the deal, it is all about same sex marriage and other political campaigns that they spend union fees on. Nothing on the deal the employer announced. No, I won't be joining the union...

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