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?
30th July 2012 From United Arab Emirates, Dubai
Dear Onaraider,
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

Attached Files
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File Type: pdf Employment and Salary Trends in the Gulf 2012.pdf (1.55 MB, 452 views)

Dear Onaraider, The percentage of hike you want to give will completely depends on your organisation’s performance, objective and budget.
31st July 2012 From India, Mumbai
Dear Onaraider,
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
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