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SALARY INCREMENT 3

 Other means by which I got my salary increased were annual merit increment and collective agreement. There was this company I worked that increases salary at confirmation of appointment which was usually a minimum of 5% on basic salary. At the end of annual performance appraisal, salaries were usually increased by between 2.5% - 10%. In the same company which was a Unionized environment, there was usually salary increment based on Collective Agreement between the National Union and the Employers Federation. In effect, in some Unionized companies I worked, my salary was increased by Confirmation of appointment, annual merit and collective agreement increments.

SALARY INCREMENT 2

 This week, I share with you two salary increment experiences. Firstly: Job Hopping - By job hopping, I increase my salary from a mere monthly salary of N605 to about N1m as at the time I was leaving paid employment. Each time I changed employment, my salary went up. Secondly, Management Magnanimity: my experience in four different companies are as follows-: First company- In preparing a new salary structure, management added the thirteenth month salary to all staff basic salaries and a further 8.5% increase to all staff basic salaries. Secondly, within 18 months in another company, my salary got increase by 80%. Thirdly & Fourthly, I was able to convince management by salary survey to increase staff salaries by 100%. This is a clear case of employee advocacy by the HR Function.

SALARY INCREMENT 1

 What is a salary? Salary is the bribe given to a worker by the Employer to continue to slave for him. Why call salary a bribe? Because no company spends more than 10% on staff emolument. Those who have capacity can confirm this from their companies annual statement of accounts. Different sources of salary increment amongst others include the following:- - Annual merit increase. - National minimum wage. - Collective Agreement. - Management Magnanimity. - Cost of living Index. In the next two weeks, we shall share our experiences.