Dear Members,
I want to understand if yearly appraisals are mandatory if the employees are performing well.
Is it also that they get a hike based on company's growth?
Recently I had a discussion with my MD and he mentioned that it might not be possible to give a hike when the company is not growing.
But I am concerned about the employees. Would nt they be be discouraged about this. Instead of putting in their efforts and performing well their salary wudnt be increased.
To me it is really depressing when an organization is not recognizing the talents and hardwork of people.
Being an HR Exe. how do u think I should approach the management.
Also needed to understand if we have to do their analysis on the performance, what kinda parameters would be set for accounts people coz their work is kinda tricky.
Kindly suggest.
I want to understand if yearly appraisals are mandatory if the employees are performing well.
Is it also that they get a hike based on company's growth?
Recently I had a discussion with my MD and he mentioned that it might not be possible to give a hike when the company is not growing.
But I am concerned about the employees. Would nt they be be discouraged about this. Instead of putting in their efforts and performing well their salary wudnt be increased.
To me it is really depressing when an organization is not recognizing the talents and hardwork of people.
Being an HR Exe. how do u think I should approach the management.
Also needed to understand if we have to do their analysis on the performance, what kinda parameters would be set for accounts people coz their work is kinda tricky.
Kindly suggest.