Hi,
I am working with a startup firm and looking for a performance appraisal plan. Mar 2015 will be the first cycle for our employees. But currently based on employees performance , the company has provided a rise in their salary individually with in 4 months of their joining. In such a case few employees are at higher pay than the others. how can we plan an appraisal cycle in such a scenario?
Also the management is suggesting to have annual appraisal individually following the employees date of joining.
Eg: if an employee joined in Aug, appraisal will be in next year august for that employee.
Similarly they joined in november , appraisal will be in november.
Doing this way is correct? like this we will keep having appraisal cycles for employees individually through out the year.
I am working with a startup firm and looking for a performance appraisal plan. Mar 2015 will be the first cycle for our employees. But currently based on employees performance , the company has provided a rise in their salary individually with in 4 months of their joining. In such a case few employees are at higher pay than the others. how can we plan an appraisal cycle in such a scenario?
Also the management is suggesting to have annual appraisal individually following the employees date of joining.
Eg: if an employee joined in Aug, appraisal will be in next year august for that employee.
Similarly they joined in november , appraisal will be in november.
Doing this way is correct? like this we will keep having appraisal cycles for employees individually through out the year.