Salary Increases in 2013: What Are the Standard Timelines and Expected Rates?

What is the standard period followed for salary increases, and what is the increase expected for 2013? Your reply is very much appreciated.

Regards,
Rao

The period depends on the company policies, and it varies from company to company. For example, most MNCs follow the Jan-Dec cycle. Few Indian companies follow April-March, while some companies follow the employee's anniversary in the organization. Hence, there is no hard and fast rule.

The average increase in 2013 is expected to be around 11-12%.

Regards.

Salary Increase in Private Companies

Salary increase is not mandatory in private companies. Compliance with the minimum wages policy for workers, however, is a legal binding. The concept of 'Average Increase' merely offers a guideline to the management for budget planning.

Regards