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Typical salary increment

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Typical salary increment

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#41 (permalink)

07-06-2013, 07:53 PM

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This forumer probably did not do well in Maths.

3000 x 1.065^10 x 1.1 x 1.085 cannot be 10K.

Should revise your Maths first! haha

Quote:

Originally Posted by Unregistered

Nope you dont.

Base on the rates you quote, many will end up near 10k in 10 years. This is a mathematical fact that can be calculated using excel. This is not what is observed in real life.

How do you explain that instead of just claiming you work in a Ministry? I also work in a Ministry before 3 years ago and I never see 5-8% of consecutive merit increment every year.

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