Hi team,
I m working in a small private company, here we are planing to implement HR functions. I need your help in understanding payment structure and is there any defined hike % that should be given to employees per year.
I would like to know the minimum hike % that should be given to any employee per annual.
2. Is it possible to break the hike % into 2 and show it as bonus after 6 months.
Eg: if company has plan to give 20% hike per annal. Then give 10% hike after 6 months & can they show 10% hike as bonus.
Thank you,
Malini
I m working in a small private company, here we are planing to implement HR functions. I need your help in understanding payment structure and is there any defined hike % that should be given to employees per year.
I would like to know the minimum hike % that should be given to any employee per annual.
2. Is it possible to break the hike % into 2 and show it as bonus after 6 months.
Eg: if company has plan to give 20% hike per annal. Then give 10% hike after 6 months & can they show 10% hike as bonus.
Thank you,
Malini