What are companies doing about the annual salary raise in this COVID 19 situation?
From India, Bangalore
From India, Bangalore
This issue depend upon company to company. Some companies may do as per previous year practice and some may not.
The Company, in which I am currently working, have decided to defer the annual salary increment to next year. Thus we all are working with a very same salary as we were having last year.
From India, Aizawl
624The Company, in which I am currently working, have decided to defer the annual salary increment to next year. Thus we all are working with a very same salary as we were having last year.
From India, Aizawl
How will you deal with a situation if you have anniversary based appraisal and raise system instead of annual raise for all employees on a particular month?
From India, Bangalore
From India, Bangalore
If you have a very good performance appraisal policy in place, you can initiate performance appraisal review for the year based on your employees' anniversary date. Awarding increment,
subject to their good job performance is a decision of your management. If management agrees, you may initiate same process as in the previous year. If your management does not want to award any increment/salary rise to your employees, due to Covid-19 pandemic, you can defer the increment now and make it effective in next year. Performance appraisal forms could be filled in, it could be reviewed by a higher authority and approved by Chief executive and same could be kept in the employee service record.
From India, Aizawl
subject to their good job performance is a decision of your management. If management agrees, you may initiate same process as in the previous year. If your management does not want to award any increment/salary rise to your employees, due to Covid-19 pandemic, you can defer the increment now and make it effective in next year. Performance appraisal forms could be filled in, it could be reviewed by a higher authority and approved by Chief executive and same could be kept in the employee service record.
From India, Aizawl
When we have anniversary based appraisal, if we defer raises effective Aug or give minimum raises effective Aug, it will become unjustified when compared to employees who have already got raises from Jan till Jun. At the same time the company will not be able to guarantee employees (whose raises are pending from Aug) on giving pro rated raises when the situation turns normal. How to deal such a sensitive and monitory situation?
From India, Bangalore
From India, Bangalore
When you put up a query for receiving comments/views of Cite HR members, you need to
elaborate as to what was the practice followed, what is present practice etc. (whatever information you can supply.please do) because this will help us to take into stock while preparing a reply.
Now coming to your reply, when your management effected annual increment/annual salary hike from Jan - June, then please follow the same pattern from July - Dec 20 also.
From India, Aizawl
elaborate as to what was the practice followed, what is present practice etc. (whatever information you can supply.please do) because this will help us to take into stock while preparing a reply.
Now coming to your reply, when your management effected annual increment/annual salary hike from Jan - June, then please follow the same pattern from July - Dec 20 also.
From India, Aizawl
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