Hi All,
I have been in the IT industry for 5+ years now. In the current year appraisal cycle, I was rated as "Outstanding" and was promoted to next level.
The Salary hike given is lesser than the previous year where I was rated as "Achieved Expectations".
Also the current salary after the hike is less than the Market value. I had discussed the same with my Manager and Directors previously and they had promised to take care of it during this year. Now, my Manager says the budget for this year is very less and hence the salary hikes are not much.
I have not accepted the appraisal letter and have asked for discussion with the Senior Management and HR.
How should i go ahead for the discussion with the Senior Management and HR ?
Will there be any changes that they can do ?
Thanks.
I have been in the IT industry for 5+ years now. In the current year appraisal cycle, I was rated as "Outstanding" and was promoted to next level.
The Salary hike given is lesser than the previous year where I was rated as "Achieved Expectations".
Also the current salary after the hike is less than the Market value. I had discussed the same with my Manager and Directors previously and they had promised to take care of it during this year. Now, my Manager says the budget for this year is very less and hence the salary hikes are not much.
I have not accepted the appraisal letter and have asked for discussion with the Senior Management and HR.
How should i go ahead for the discussion with the Senior Management and HR ?
Will there be any changes that they can do ?
Thanks.