There is no formula that links Inflation and increment.
See the logic is if an employee gets and increment of 15%, and the infaltion rate is 10%, then the effective increment for the employee is 5%.
You can refer to the attached file. It will help you.
For any further clarification feel free to write or disucss.
30th July 2012 From India, Mumbai
31st July 2012 From India, Mumbai
It is good to hear that your management is so concerned about the inflation.
First I need to understand one thing, do you give flat hike to all your employees or the percentage varies??
For any further clarification feel free to write or discuss.
1st August 2012 From India, Mumbai