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India salary increase - 0.2% over8 ye...

Chalanachithram.com DB » New TF Industry Related » Archive through September 16, 2016 » India salary increase - 0.2% over8 years « Previous Next »
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Andhrawala
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Posted on Friday, September 16, 2016 - 10:06 am:       


Chillarodu:

US lo salary hike, inflation rate kante thakkuva vundhi.
So, technically every year pay cut vunnatte.




added to that previous year all of sudden SSA tax penchatam tho straight gaa pay cut aindhii
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Chillarodu
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Posted on Friday, September 16, 2016 - 09:55 am:       


Filmbuff:




US lo salary hike, inflation rate kante thakkuva vundhi.
So, technically every year pay cut vunnatte.
 

Filmbuff
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Posted on Friday, September 16, 2016 - 09:51 am:       


Gotcha:




If inflation is 7% p.a, just to keep you at the same level as earlier in terms of cost of living, your salary would need to become 100 * 1.07^8 = 171.8

However the 0.2% growth (cumulative over 8 years) would mean that instead of 171.8 you are now getting 172.16 (171.8*1.002). Basically your salary increases have just about barely managed to keep you in the same place.

Pete_sampras:

Do you have info about different sectors?? Nenu observe chesindi enti ante Govt jobs lo recent ga manchi hikes ochai...




Govt. jobs are good, even govt. teachers get very good pensions nowadays.
 

Andhrawala
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Posted on Friday, September 16, 2016 - 09:08 am:       


Gotcha:

Filmbuff

Ardam kaledu. So say 4% is inflation per year what would be the actual value now
100.2*.96^8=72.28 rupees

So your 100 rs in 2008 would get 72.38 worth of food produce now right?




what buffy says is their yearly hike is around 8% but inflation is 7.5 % so in net effect the salary hike is 0.5% or 0.2% whatever
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Gotcha
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Posted on Friday, September 16, 2016 - 08:39 am:       

Filmbuff

Ardam kaledu. So say 4% is inflation per year what would be the actual value now
100.2*.96^8=72.28 rupees

So your 100 rs in 2008 would get 72.38 worth of food produce now right?
...
 

Pete_sampras
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Posted on Friday, September 16, 2016 - 08:33 am:       


Filmbuff:

Basic entante - if in 2008, you were getting Rs100 salary, now you would be getting Rs100.2 in real terms (net of inflation).



Do you have info about different sectors?? Nenu observe chesindi enti ante Govt jobs lo recent ga manchi hikes ochai...
 

Filmbuff
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Posted on Friday, September 16, 2016 - 08:25 am:       

Basic entante - if in 2008, you were getting Rs100 salary, now you would be getting Rs100.2 in real terms (net of inflation).
 

Chanakya
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Posted on Friday, September 16, 2016 - 08:16 am:       

friday roju ittanti depressing threads eti buffy vuncle.
You have your way. I have my way. As for the right way, the correct way, and the only way, it does not exist.
~Friedrich Nietzsche
 

Filmbuff
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Posted on Friday, September 16, 2016 - 08:12 am:       


Gotcha:

India lo inflation 7% ee o.2% to emastundi




0.2% is net of inflation, this is "real" salary growth.
 

Thikka_sankara
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Posted on Thursday, September 15, 2016 - 10:26 pm:       

Bottom line.... Averaged out

"Of the countries we looked at, Indian wage growth was by far the most unequal - people at the bottom are 30 per cent worse off in real terms since the start of the recession; whilst people at the top are 30 per cent better off," Benjamin Frost, Korn Ferry Hay Group Global Product Manager - Pay said
methavulaki venkayya jawaabu....
https://youtu.be/fUafzTD37sY
 

Hadoop
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Posted on Thursday, September 15, 2016 - 10:17 pm:       

mean 2009
 

Hadoop
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Posted on Thursday, September 15, 2016 - 10:17 pm:       

us avg sal from 2019 to now...in -ve's
 

Emc2
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Posted on Thursday, September 15, 2016 - 10:16 pm:       

Santoshinchadi

US lo from past 10 yrs no hike at all
 

Gotcha
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Posted on Thursday, September 15, 2016 - 10:10 pm:       

Darunam
India lo inflation 7% ee o.2% to emastundi
...
 

Andhravodu
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Posted on Thursday, September 15, 2016 - 03:29 pm:       


Andhrawala:

US lo salary growth basically nill or 2-3%


5 years kitam poliste, 12% paycut... now with pacha card
http://imgur.com/t/eli_manning/5GvVXeT
 

Telugu_times
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Posted on Thursday, September 15, 2016 - 03:23 pm:       


Andhrawala:

Maa badhalu oliki seppukovaaali

US lo salary growth basically nill or 2-3%



ccdb members ki, idhey ekkuva
run_dog
Ignore spam and AJ.
 

Andhrawala
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Posted on Thursday, September 15, 2016 - 03:18 pm:       

Maa badhalu oliki seppukovaaali

US lo salary growth basically nill or 2-3%
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Filmbuff
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Post Number: 8408
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Posted on Thursday, September 15, 2016 - 03:15 pm:       

http://timesofindia.indiatimes.com/business/india-business/I ndias-salary-growth-at-0-2-GDP-gain-of-63-8-since-2008-Study /articleshow/54343982.cms

Maa brathuku ila buggi palu kavalsindena...0.2% real growth ante just about matching inflation...inkenduku 7-8% GDP growth...

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