KK!HR
Management Consultancy
Dbpawar
Service

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Dear Team, Performance Appraisal is process of giving feedback, identifying strength and weakness as well as determining the job responsibilities for the employees in future. The results of such appraisal can be a basis for giving increments to employees.
Giving an increment is an organizational choice and accordingly the rise in salary can be decided based on company's profitability, employees productivity and performance, market trends for certain skills and inflation rate etc.
Does giving an increment is mandatory as per law? If so then which law governs the same.
Request your views and comments of the same.

From India, Mumbai
Grant of annual increment is not mandatory as per law. Your observations in the matter are valid and proper.
From India, Mumbai
Agreed it is not mandatory as per law. You need not give increment after every appraisal,but make sure that employee is happy and retained in your organization or any body's organization.
There are always options for the employee who is trained here to be poached in a similar set up with good package. Avenues to employees are aplenty now.
Also the performance appraisal system should be such a tool that it leaves no option for the employer and employee in respect of their growth and development either professionally or financially.

From India, Hyderabad
Thanks for the reply to all the members. Request other learned and experienced members to share their views and give more insights about the subject.
From India, Mumbai
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™