Salary Calculations

Hi,

 

Can someone help me to understand the salary calculation, how it will calculated on the basis of merit increase%  

 

Thanks 

Shweta

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Best Answer

  • Hi @Shweta,

     

    Has the answer helped you in solving your issue? 

    If so, can we close this topic or you have more questions? 

     

    Cheers,

    Manuela 

Comments

  • Hi Manuela,

     

    Thank you for your quick response...

     

    The information you have provided me has resolved my so many doubts, which i am supposed to ask..

    It actually cleared the calculation part, however i am going to take this logic for my model creation..

     

    will keep posted where ever i stuck again..

     

    Really appreciated 🙂

     

    Shweta   

  • Best of luck! It is indeed an entire process and what matters the most is how it is defined!

  • Thanks a lot Manuela! Great and detailed explanation 🙂
  • Hi,

     

    Sorry i am asking you a may be a silly question,

     

    Is merit increase% will effect salary?

     

    Reagrds:

    Shweta

  • HI @Shweta , 

     

    merit increase it does affect the salary, and as explain above, the base salary and other components. 

     

    Can you give, however, more details of your case, so I can better help?

     

    Thanks

  • Hi Manuela,

     

    Yes, the issue has been resolved you can close the topic..

     

    Thanks & Regards:

    Shweta