Subsea 7 pay raise

[Woodchopper]

Hello All,

Has any one heard about a pay raise for this year? I’ve heard that this is the time of year traditionally when Subsea announce wherever or not we will get a raise.

Any one had any letters?

[Woodchopper]

because I’ve heard mutterings of 20%

[Ray Shields]

because I’ve heard mutterings of 20%

Even if its true, I would think it extremely unlikely it would be as high as that. 5% maybe, if at all.

[Scott Beveridge]

Even if it was 20%…. that only equates to Sclub 7’s "traditional" annual pay drop over the years of -40 percent and the rest…. Welcome indentured slave….

[JoeBolt]

Received a letter through the post this morning with my new rate.
It equates to a 3.7% raise, effective from 01 Jul 10.

[James McLauchlan]

That killed that thread quite efficiently.. not even 5% 🙁

[KeyserSoze]

Yes, it’s nice of the SS to throw in a Death Knell now and again just to keep the standard of morale and company loyalty at a norm. 😆

[James McLauchlan]

3.7%!! Don’t yah just love em 😉

[Ray Shields]

3.7%!! Don’t yah just love em 😉

3.7% is still higher than some who have given lower or none.

[JoeBolt]

The 3.7% raise is what they’ve given me. I don’t think it necessarily means everyone else will be rewarded so generously!

It’s 3.7% better than last year’s 0% deal.

[Scott Beveridge]

The 3.7% raise is what they’ve given me. I don’t think it necessarily means everyone else will be rewarded so generously!

It’s 3.7% better than last year’s 0% deal.

Joe,

There were other companies that didn’t raise the ante as well last year….

[James McLauchlan]

3.7%!! Don’t yah just love em 😉

3.7% is still higher than some who have given lower or none.

So for 3.7% people should be grateful?

[Scott Beveridge]

3.7%!! Don’t yah just love em 😉

3.7% is still higher than some who have given lower or none.

So for 3.7% people should be grateful?

I wonder what happened to the other 2.3% that is / was due???

[Ray Shields]

3.7%!! Don’t yah just love em 😉

3.7% is still higher than some who have given lower or none.

So for 3.7% people should be grateful?

It’s 3.7% more than I got. Should I (or anyone else who got no raise at all within whatever company they are with) rather 0 to 3.7%? Would they have rathered 50%? 2000%? of course they would!

It is also an above inflation rise, which is rare these days. (depending on which rate you go by CPI is 3.2%, although RPI is 5%)

[KeyserSoze]

Mind you 3.7% of a low pay to start with makes for an even lower payrise!

[Author]

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