Salary Increase Rate

This is the annual rate at which salaries for all members will increase to date of exit. A Promotional Salary Scale in excess of general salary increases can be specified on the Salaries tab.

Select from the drop-down list the Global Financial Parameter that contains the rate applicable. Once selected, the current value of the Global Financial Parameter is shown to the right of this field.

To add a new Global Financial Parameter use the Edit Scheme Financials button at the bottom of this tab.

This will be used in all salary definitions unless the Salary Inflation Rate Override on the Salaries tab is populated.