Hello everyone.., i always had this doubt.., so asking here today...
In every advertisement for job,., they mention about the salary terms in some typical way.., i dont understant that., what it means?
Let say, for example, if its mentioned as in
MMG Scale –II - Rs.19400 -700/1 -20100 -800/10 -28100
What does above para means?
Whats the basic salary and what is this 700/1 and all.., didnt get it at all...
thanx to everyone...
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 | ||
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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 |
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I agree with Ruben Balooni. He explain in simple way & clearily.
| Originally posted by : Satish Makam | ||
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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. |
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It would be end of 1st or begining of 2nd as the increment is due in the 2nd year of job.
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