No Tags Found!


Meenu Sachdeva
11

Dear Seniors, Wishes!! Please guide me:

Is it necessary to keep the inflation rate as a minimum % of increment?

For Example: the lowest rated employee shall be given minimum Inflation rate or we can keep any % of increment.

Thanks,
Learner & Contributor

From India, Gurgaon
KK!HR
1534

The inflation is accounted for in the DA component as it is linked with the Consumer Price Index. As regards increment, it is specified as a defined amount or % of basic pay. Generally increment is decided during the long term wage settlement.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.