Understanding Increment Policies: How Does Your Company Handle Salary Increases?

Dear All,

Regarding the increment policy, I hope this information will be helpful for you.

Regards,
Jagdish

Do any of you have an Increment Policy? How do you determine the increment in each grade, and is there any relation with the pay scale?

I am working on drafting the Increment Policy wherein inputs from experts and professionals are requested to make it effective. Inputs related to different grades and pay scales (compensation) and their revision structure (as per the manufacturing industry) will be appreciated.

Regards,
Sundeep Bodhankar
Email: sunbodh@gmail.com

Dear Mr. Jagdis Rao,

I have recently joined the pharma organization based in Mumbai, and as they did not have any HR department, I am in the process of creating an HR Manual for our organization. Could you please assist me by providing a sample HR Manual? I truly appreciate and thank you for sharing such a helpful PowerPoint presentation on the Increment policy.

Thanks & Best Regards,
Priti

Thanks for your response. Also, if you could provide your valuable input about the staff welfare policy for employees who claim for Saturday working and late sitting for official work. In our organization, we do provide to-and-fro traveling allowance for Saturday and a one-way travel allowance for late sitting. Additionally, for Saturday, lunch is provided by the company. However, my concern is that employees claiming for lunch have no fixed bar and order very lavishly for lunch. Can you please suggest whether we can set a limit and what that limit should be?

Thanks in anticipation,
Priti

Thank you for your response.

Also, if you could provide your valuable input on the staff welfare policy for employees who claim Saturday work and late sitting for official tasks. In our organization, we offer round-trip travel allowance for Saturday work and one-way travel allowance for late shifts. Additionally, the company provides lunch on Saturdays. However, my concern is that employees claiming lunch have no set limit and often order extravagantly. Could you please advise if we can establish a limit and what that limit should be?

Thanks in advance,
Priti