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.
From Japan, Omihachiman
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.
From Japan, Omihachiman
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
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.
From Philippines, Parañaque
87Salary 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.
From Philippines, Parañaque
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.
From Philippines, Parañaque
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.
From Philippines, Parañaque
please tell about understandably these four : Internal Equity, External Competitiveness, Affordability, & Sustainability.
From India, Vijayawada
From India, Vijayawada
2009 Salary Increment Projection.doc
Salary Increment Survey.pps