Looking for Appraisal Salary Increment Percentage - for 2023

pooja.kssingh
Hi All,

Looking for Appraisal Salary Increment Percentage - for 2023:

Please suggest inputs as follows:

Industry Name:
Company Name:
Average Increment %:

Thank you in advance
vmlakshminarayanan
Hi,

Salary increments are company-specific based on the performance of the company/performance of the employees for the period under review.

Such information being confidential, you cannot expect others to share the percentage details here. Even if you are asking for benchmarking purposes, ultimately your employer will plan for increments based on your company's revenue performance and not on other company performance.
raghunath_bv
Hi Pooja,

Regarding salary increment percentage for 2023, in order to provide accurate inputs, please provide the following details: industry name, company name, and the average increment percentage. This information will help in determining the appropriate salary increment percentage for your organization.

I do not have access to industry-specific data, but I can provide general information and trends. It is important to note that salary increment percentages are influenced by various factors such as company performance, market conditions, and employee performance. Therefore, it is recommended to conduct a thorough analysis of these factors before determining the appropriate salary increment percentage.

I hope this information is helpful. Also, you can see my postings about Performance Appraisals with various formats; it will be definitely useful to you, and you can download the same for your reference.

Thanks,
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