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Topic : Price hikes all the way
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Will the inflation eat up our salary hikes?

Created by : Priyanka Dixit, HR Executive, Leading IT services  | 03 25 2011 07:29:27 +0000
Keywords : economy inflation salary hike inflation in india
Activity:  267 views;  last activity : 03 28 2011 06:36:41 +0000

http://static.blogcritics.org/11/01/25/152157/inflation-cartoon.jpg

 

Its said that there is going to be a good salary hike this year. Against it the inflationis increasing day by day and we are  left without any choice. Will the inflation eat all our pay hikes and again we will be left with the same amount of money as always?

  
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The hike is less in comparison to inflaion. If inflation is controlled then only the pay hike will have a meaning. But the other fact is that surviving without pay hike will be even more difficult.
By Priyanka Dixit, HR Executive, Leading IT services  03 25 2011 07:29:27 +0000
 
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For sure,"A hike in salary makes no Sence with a hike in inflation"Its been the trend here in India,There will be a salary-Hike,Followed by the destructive inflation,again a hike in salary after working hard for several years,without savings & investments,because Indian economy hardly gives us a time to save. " The economy needs to be more effective"
By VISHWA DEEPAK MISHRA, HR-Talent Acquisition Cum Business Development Manager, Leading IT Giant.  | 03 28 2011 06:36:41 +0000
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Yes, please do not spend money, do not take loans on collateral, avoid going to malls and Bazaars too often, stock up your food supplies, avoid long term loans, say no to Insurance, food crisis is surely going to hit the Indian Economy for sure...:D
By konkan SINGHA, Head- Talent Acquisition (IT), OptedJobs  | 03 28 2011 06:23:12 +0000
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the inflation will not only eat salary hikes it will infact exceed the hike for the comming financial year...
By Sanjay Koul, R&D, Bajaj Auto Ltd.,Pune  | 03 28 2011 06:00:39 +0000
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yes
By JAYANT N KESHKAMAT, Freelancer, Freelancer  | 03 27 2011 14:39:12 +0000
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Your salary hike is only to offset inflation! Government follows the pattern of Dearness Allowance, or Interim Relief in case of uncontrollable inflation. Corporates should also follow similar method on top of salary hike!
By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner  | 03 25 2011 07:51:53 +0000
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