Jul 30, 2017 · 1 min read
The rate of increase is not as high as it was before. Does that mean that you were expecting to have a salary increase of 12% per year over the next 20 years, but are now only going to receive 10% per year over the 20 years is a cut in your salary? No, it doesn’t. It means you’re not going to receive what you were expecting, but your salary is not cut.
