The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into two major asset classes: tangible assets and intangible assets.
Pay hikes to decline marginally in 2014: Deloitte. Slower economic growth will impact pay hikes in 2014-15 as Indian firms are expected to offer an average of 10.3% increase in salary, says the report.
1 The average raise an employee can expect in 2014 is 3%, but given the cost of inflation, it actually amounts to more like 1% in additional spending power.  If an employee leaves a company, however, they can look forward to a 10%-20% increase in salary. In extreme cases, they may even see as much as a 50% increase.