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Impact of inflation over salary of an employee.
Dear all i have a query in my mind about the increment policy of the organizations. i am working in the organization ngo where the inflation is not considered during the increments. increments are only based on the performance that the person has shown during his past year. i wanted to ask a query to all hr professionals about what is practiced across the sector. is inflation part of increment? or increment is given after giving the inflation? kindly help me sharing your views and experience. thank you.
Inflation vs salary raise
Dear all please i need an urgent help i am in the stage of preparing hr budget and i have been asked to get the inflation rate of this year and the forecast salary raise percentage. i have got the information about the inflation rate for the current year now how can i calculate or the propose the salary raise percentage of 2013. is there a certain formula?
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Fire incident due to the crackers - jpg download
Please find the attachment. though it was due to the crackers but still one should be ready for such surprise incidents.
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