Please explain me this term

19400 - 700/1 - 20100 - 800/10 - 28100

19400 is the initial basic salary

700/1 means your initial basic salary will increase by 700 in the next 1 year. So Basic Salary at the end of 2nd year would be 19400+700 = 20100

800/10 means ur basic salary at the end of 2nd year will increase by 800 in each 10 succeeding year from the end of 2nd year. So your final basic salary at the end of 12th year would be - 20100 +800*10 = 28100

- Ruben Balooni

700/1 means your initial basic salary will increase by 700 in the next 1 year. So Basic Salary at the end of 2nd year would be 19400+700 = 20100

ruben, is the bolded word should be 1st or 2nd.

please clarify me.

 

Originally posted by : Ruben Balooni
	19400 - 700/1 - 20100 - 800/10 - 28100 19400 is the initial basic salary 700/1 means your initial basic salary will increase by 700 in the next 1 year. So Basic Salary at the end of 2nd year would be 19400+700 = 20100 800/10 means ur basic salary at the end of 2nd year will increase by 800 in each 10 succeeding year from the end of 2nd year. So your final basic salary at the end of 12th year would be - 20100 +800*10 = 28100   - Ruben Balooni

I agree with Ruben Balooni. He explain in simple way & clearily.

Originally posted by : Satish Makam
	700/1 means your initial basic salary will increase by 700 in the next 1 year. So Basic Salary at the end of 2nd year would be 19400+700 = 20100     ruben, is the bolded word should be 1st or 2nd. please clarify me.

It would be end of 1st or begining of 2nd as the increment is due in the 2nd year of job.