Annual Salary increment - 5% increment to an employee then would it be to the Basic salary or to the gross salary? - CiteHR
Ed Llarena, Jr.
Owner/ Managing Partner
Hiyoshihr
Administrator

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
I would be grateful if I could get information about how the salary increment is done in India.
Say if you were to give a 5% increment to an employee then would it be to the Basic salary or to the gross salary.
Any information provided would be a big help.

Hi!
Salary increments worldwide are always added to the BASIC (base) PAY. and, the average worldwide salary rate increase is 3% -5% year on year.
But, the four (4) basic compensation principles must always be considered in any decision relative to Salary Increases or adjustments. These are: Internal Equity, External Competitiveness, Affordability, & Sustainability.
Best regards.

Thank you for taking the time to reply.
Hiyoshi san,
You are welcome! Am happy to be of help.
I used to work with Toyota Motor Philippines, Inc. And, i Have been to Japan (Nagoya & Toyota City) before.
Thank you for joining our group.
Best regards.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™