PatronAnejo
12-31-1999, 01:22 PM
Cecil writes in his column of 10 April 1992 (http://www.straightdope.com/cgi-bin/ubbcgi/postings.cgi?action=newtopic&number=1&forum=Comments+on+Cecil|APO|s+Columns&DaysPrune=20&LastLogin=),A semiannual raise of $300 is an annual increase of $600, and if you have two such increases per year your annualized salary hike is $1,200.Strictly speaking, the annualized hike per year is $900 (the second semi-annual salary hike is not retroactively applied to the previous semester, thus raises incurred over the course of anu given year contribute only $600 + $600/2 toward that year's salary); your hypothetical salaryman benefits from a $300 contribution from the previous semester.