What is inflation and please give examples of inflation. If I earn 76,000 a year and I get a 2.1 percent raise at the end of the year how much salary gain will I get?
138504
I paid 25 cents for a gallon of gas in 1971.  I was making $3.80 an hour.  In 2006 I am paying $2.85 for a gallon of gas.  I am making $80,000 a year.  My earnings have gone up, but along with that so have prices of products.  If inflation increases 5.1% for the year you are taking a 3% wage cut.
299033
Asked off the bat abourt minimum wage the average joe would most definitely be in support of rasing the thing out the waaaaaaaazzzzzoooooo. When one really thinks about rasing the minimum wage in each city we realize that not everyone will directly benefit from a raise. For instance, a recent study shows that most individuals that take a minimum wage job move up in pay to a position  that is above both the state and the federal minimum wage within three months. If one was to raise the federal minimum wage I believe that it would cause an overall pay raise, thus having no affect at all because of the raise in living that would quickly follow. Although this hypothisies hasn’t been proven due to a lack of searching skills, I have found that some others will side with me on this belief. \n\nAnother issue that is along the lines of minimum wage,and is just as promonent, is a term called living wage.  Although there isn’t exactly a  set figure on what a living wage is, a general definition for some one living in Vermont  would be that minimum wage is a salary that a single individual or family can live off of with 5% left over for spending. Its clearly a serious issue. Companies see more and more young, unexperienced individuals entering their businesses, and there for it is easier for them to keep their wages a level that is very low.\n\nI believe that it is very important for one to keep in mind the type of work that is under the minimum wage blanket. Typically the individual that is being paid minimum wage is doing all of the difficult jobs. Many of the individuals that work as cashiers for example are often required to stand in one posistion for hours at a time. Although the work isnt as phsycially  demanding as general labor, many workers suffer from a wide variety of physcial aliments.\n\nSo, from the limited amount of information that Im going to bother to provide you with, one becomes rather lazy in 90’ weather, you should be able to make your own decision on where you stand on the minimum wage issue. I for one believe that we should evaluate each situation on an individual basis and go from there. What do you think?  To get back to your question the federal minimum wage is $5.75 and Vermont’s is $ 7.25
648691
It would take a whole course to give you a comprehensive response. You might consider signing up for one at a local college.\n\nMeanwhile, in a nutshell, here's what's happening at this time in the economy: The Fed is always concerned with keeping economic growth at an acceptably high level and keeping the rate of price inflation at an acceptably low level.\n\nWhen the economy gets cooking, the money supply expands (that's actually what inflation is). The business community spends more to satisfy their higher level of business activity, and consumers feel rich so they spend more.\n\nThe US economy has been on a five-year expansion. It's reaching the level where inflation is becoming a serious problem. So the Fed has been raising interest rates to try to keep growth from getting too fast. But consumers have borrowed huge, huge amounts, including in mortgages, so if the Fed "slams on the brakes" too hard by raising interest rates too much, the risk is that a severe recession or worse could set in, triggered by that mountain of debt.\n\nMeanwhile, other economies, especially China and India, have been growing at very high rates. They are gobbling up all of the commodities they can find - oil and gas, lumber, base metals, etc. That adds to inflation.\n\nWe are in the midst of a commodities boom. Mining and energy stocks have come a long way up but have a long way still to go. Many companies have done poorly for several years because they don't operate well in a higher-inflation environment (their costs go up faster than they can raise prices).\n\nThat's a lot of information in one short message. As I said, look into taking an economics course. I was a chemist once, but enrolled in business school and loved every minute of it because of the fascinating and useful things I learned.\n\nBest of success.
100829
Suppose you're selling a product.  How much you make depends on how much you sell and what price you put on your product.  Let your price be P and the amount you sell N.  Your income is PN.  I=PN.  Very likely if you drop your price a little you'll sell more, and your income will rise.  In very simple form, I=(P-x)(N+x).  That's a quadratic equation; its graph is a parabola that opens downward and crosses the x-axis twice.  Those points are significant.  The one on the right is the point where your price has dropped to zero; you're giving it away and your income is zero.  The one on the left is the point where your price is so high your sales have dropped to zero; no one's buying and again your income is zero.  HALF WAY IN BETWEEN those points, at the vertex of the parabola, income is at maximum.  It would be nice to know where that is, eh?\n\nOur government argues over this same issue: will decreasing taxes increase economic activity enough to generate income for the government in other ways, or should taxes be raised.  If you don't understand these things, you have no business voting.
374011
Wow, those are great if you can do them, and exactly what I would recommend.  However, most people find that their pay raise doesn't cover their cost of living increase, and will find it almost impossible to do any of these for very long.
583621
Try Here\n\nhttp://jobsearchtech.about.com/od/salary7/a/pay_raise.htm
580399
No it doesn’t automatically mean there is inflation.  \n\nInflation is when a monetary unit generally buys less than it did in the past.  “Generally” is important as it denotes a broad sampling.  There will be items that drop in price even though an area could be undergoing 15% inflation.  Recently the cost computing power has dropped immensely over the last 20 years, even when compared to inflation.\n\nThe price of meat might go up because there is latency between when demand increases and supply catches up, or drop dramatically if demand were to fall off because of health fears (say some bad news about a mad cow breakout).  These would occur regardless of inflation.\n\nGasoline is currently way out of sync with inflation, but the market is already reacting to it.  We are seeing a large softening in the sales of SUV’s and big increase in smaller more economical vehicles.  More immediate is a decrease in road travel.  Classic demand adjustment to higher prices
601353
Asking for a pay raise might not be easy for you, just as it isn't for most. Even if you eventually muster the courage, there are no step-by-step instructions, sure ways of asking or "magic pills" that guarantee your success. However, following the guidelines below might at least increase your chances.\n\nAsking for a Pay Raise Guidelines\nBefore asking for a pay raise, it's important to know that many companies don't grant pay raises to most employees except during employee-review cycles. Additionally, many companies pay competitive, industry-standard wages, which they periodically adjust for cost of living. If you work for one of these companies and you ask for an "out-of-cycle" pay raise or more than the industry standard for your position, your chances for success are likely to be slim.\nCheck your employee policy manual (or similar document) for information related to asking for a pay raise. For example, if a policy states how to go about it, then follow it to the letter. But if a policy unconditionally states that your employer will not grant an out-of-cycle pay raise, it might be a good idea to stick it out until your next review and request a better-than-usual pay raise. Asking for such a pay raise will probably go over better than trying to buck the system.\n  \nIt's not a good idea to justify asking for a pay raise by simply stating, "I need the money." It's a much better idea to prove that you deserve a pay raise, by emphasizing your value to the company. Documenting your accomplishments is a good way to do that. For example, you might include your accomplishments in a "presentation" to show your boss, a "cheat sheet" to refer to while negotiating your pay raise, or a letter asking for an appointment to discuss it. Be specific, use examples, and include impressive things like: \nRevenue you've earned \nMoney you've saved \nCustomer satisfaction you've achieved \nTight deadlines you've met or beat \nSolutions you've implemented \nProducts or services you've improved \nInitiative you've demonstrated \nExtra hours you've worked voluntarily \n\n\nConsider asking for more responsibilities to justify your pay raise. That'll go over better than simply asking for more money, especially if your current responsibilities don't require you to do much above the call of duty and your employer thinks that you're adequately paid.\n  \nCommand a pay raise, don't demand it. For example, you might tell your boss that you'd like to know what you can do to increase your salary or hourly wage in the near future, instead of insisting on a pay raise for your past accomplishments.\n  \nThink twice about threatening to quit if you don't get a pay raise. It rarely works. No matter how valuable you think you are to the company, don't make the mistake of thinking that you're indispensable. Eager beavers willing to learn your job for less pay are almost always waiting in the wings. If you do quit later for lack of a raise, be careful what you say in your resignation letter so it doesn't bite you down the road.\n  \nHave a reasonable figure in mind (e.g., from salary surveys) and prepare to negotiate. Be nice but firm when negotiating, and don't get emotional. (Remember, it's business, not personal.) If your employer doesn't grant you a satisfactory pay raise, try negotiating concessions such as performance-based bonuses, or extra paid time off, perks or benefits. Whatever you succeed at negotiating, ask for it in writing with authorizing signatures.\n  \nFollow the chain of command when asking for a pay raise. For example, if your immediate boss is a supervisor, don't go over your boss's head to the department manager. Instead, approach your immediate boss first and let him or her tell you the next step.\n  \nA meeting is likely to be more effective than a letter asking for a pay raise. A l
267305
The increase is (7-0)/0 which is undefined.  You sold infinitely more units in April than you did in March.
386914
i got a 15% increase once hired on full time. You can discuss salary with them. Your current company doesnt now what u get paid. find out what people in your position get paid and work from there. Salary has to be discussed when going permanent.
218058
The Fed is still raising rates.  The country is at war (always creates inflation).  Unemployment is low and the economy is booming.\n\nRates will go up.
487367
I went back to get my bachelors when I was 34 , had three part time jobs and a child.  I got a much better job.  Three years after I graduated I went back and got my Masters Degree and a very large raise.  (4K per year).  I now teach college and the first thing I tell my older students is I sat where you are sitting and I can tell you that its worth every moment and every sacrifice.
49154
Gold is a lousy speculative investment. Invest in a diversified portfolio of mutual funds over many years and don't worry about inflation.\n\nGold has increased in value at the rate of 1.47%/year since 1988. Gold is currently very near its high for the period . . . If you had bought it at its lowest point since 1988 you would have made over 100% as of today.\n\nIf you bought an S&P 500 fund at its lowest point since 1988, you would have made over 600% as of today . . .
644618
how much your earn is an important factor, but it`s how much you keep and save/ set aside  that`s most important.\n\nif you can discipline yourself to set aside a fixed percentage of what you earn, and never touch it-absolutely not-\n\nthen you'll surely see your savings grow.\n\nreal necessities are things that IF you don't buy, you'll die or is absolutely needed at home or at work. so, if you see something in a store, think, wil i survive without this? if yes, then don't buy it.\n\na dollar a day is about 30 dollars a month. and 30 dollars a month is 330 dollars a year... and so on.\n\nhope this helps,\nhelpmeets\nhttp://mwfrc.blogspot.com
478500
To keep it very simple, the answer is: it grows exponentially by compounding interest.  With that said, over time the 10% is added to the previous years value so after each year the base value is greater.  Like I said keep it very simple after two years the interest gained is not 10%+10%=20%, but rather (1.10*1.10)-1=21.0%...this happens every year and gains momentum.  See time value of money.  Basically add 10% to each value:\n\nEnd of:\nYear 1= 11000\nYear 2= 12100\nYear 3= 12100*1.1=13310\nYear 4= 13310*1.1=14641\n....\nYear 25=98947*1.1=108347\n...\nYear 40=411447*1.1=452952
477747
Well, in a nut shell:\nThe minimum wage will raise in September 07 to 6.85\nEvery year the minimum wage will be raised in accordance with inflation\nThe employer must keep a record of all employee wages for the time of their employment and three years after\nAny employee or someone working on behalf of the employee can obtain these records without charge to them\nSmall business's that have a prophet of less then 250K are not subject to the law...neither are family members or household employees, and servers.\n\n\nIf you have any more questions edit your post, I'll be back and try to answer.
607731
% increase = 126000-120000/120000 *100\n\n= 6000*100/120000 = 5%