Can Any One Help Me What Is The Min Percentage For Salary Increment Whether Any Calculation Is There Or The Management Will Decide. Rgds Nainar
From India, Mumbai
From India, Mumbai
HI Nainar,
It is decided by the Management based on the performance criteria and the budget allocated based on the Business plans and indicators.
Also, for certain positions it is based on the market trends to retain them.
Regards,
Rajat
From India, Pune
101It is decided by the Management based on the performance criteria and the budget allocated based on the Business plans and indicators.
Also, for certain positions it is based on the market trends to retain them.
Regards,
Rajat
From India, Pune
Hello Nainar,
It is the prerogative of the management to decide on the percentage. As mentioned by Sowmya, it is between 8 and 10 in most companies. It was 20+ till recently, thanks to global price rise that prompted many companies to go on a cost-cutting spree, including this downward trend.
From India, Madras
It is the prerogative of the management to decide on the percentage. As mentioned by Sowmya, it is between 8 and 10 in most companies. It was 20+ till recently, thanks to global price rise that prompted many companies to go on a cost-cutting spree, including this downward trend.
From India, Madras
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Haryana Revised Min. wages w.e.f. july 2015.pdf