Urgent Help Needed On Increment & Promotion Parameters

Dear Experts,

My company is into US Health Insurance domain and we have two verticals BPO + Software Division closed to 600 employees (450 in BPO, 100 in Software & close to 50 in Support functions).

I have been asked to make “3 Models for Increment & Promotion policies” by my senior.

In this current market scenario what parameters can I adopt for increment and promotion and how it is going to be helpful in adopting those parameters?

Your help would really be appreciated on this. I need this urgently as we have to start the process from 23rd February 2009 onwards.

Regards,
Anisha

Hi Anisha_Singh
Increments depends on Performace appraisal system in your company.
and in case of promotion policy you have to study the criteria's for promotion in consultation with your seniors .You can link the same with the Perforamance appraisals.:-x
Regards
Rajeev Dixit

Hi Rajeev,
Thanks for the suggestion. In my company we follow 90 Degree appraisal. Kindly, guide me some parameters i can adopt in current market scenario for the increments.
Thanks & Regards,
Anisha