Quote:
Originally Posted by Unregistered
Hey, thanks for sharing, it is very useful. I understand that the progression is different for each individual but would you happen to know an estimate of the annual increment? I see some saying 2-3%, others giving a much wider range from 0-7%.
|
Increment is 0-10% in the same Financial Year (FY), regardless of the type of increment you get.
This means if you get confirmation increment, merit increment or even promotion increment in the same FY, it is extremely unlikely it will exceed 10% of your salary at the start of the FY.