Quote:
Originally Posted by Unregistered
Hi all, can I ask what does "prorated merit increment" mean?
For e.g. If I join in Feb 2019, I'll be entitled to confirmation increment in Feb 2020. Come Apr 2020, I'll be given "prorated merit increment". May I know how is the proration computed?
Let's say I get $200 confirmation increment out of $4.5k, roughly how much would the prorated merit increment be?
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Is it $200/12 months x 1 month (feb to mar)
So in apr you will get $16.67 merit increment
Anyone can confirm?