Sir, I need to confirm the percentage by which salary is revised after confirmation.. What is the normal practice in companies??? What shall a hardworking good performer expect??
From India, Delhi
From India, Delhi
It depends entirely on the company's HR policies. If an employee has performed well during their probation period, you can offer approximately a 5-10% increase, considering their performance and other relevant components.
From China
From China
Hi Monika, no, 10% is not the maximum limit; it purely depends on the performance of the employee. Sometimes during negotiation (at the time of final selection), we negotiate so that once the employee has performed, the salary can be revised.
Salary Revision Practices
Though the practice in most companies is somewhere between 7% to 15%, every company can devise its own policy for this matter.
Regards
From India, Delhi
Salary Revision Practices
Though the practice in most companies is somewhere between 7% to 15%, every company can devise its own policy for this matter.
Regards
From India, Delhi
Thank you, Ms. Archana. We have a very hardworking and efficient employee, and his salary (₹25,000/-) has been revised by 10%. However, he is not very satisfied. According to me, it is a reasonable growth for a 6-month-old employee.
From India, Delhi
From India, Delhi
Without complete information about the employee, such as their designation, number of years of experience, and qualifications, it would not be fair on our part to comment on the given salary. Additionally, I'm sure they must have joined on a higher salary than in the past in your company. You can look at the total percentage and convince them.
Salary Structure and Market Alignment
When the salary structure is finalized, there is a general tendency to align the figures with the market to ensure you do not lose your best talents to competitors. Otherwise, a 10% hike is good enough after the probation period, and as Abedeen mentioned, measuring ROI is very important.
From India, Delhi
Salary Structure and Market Alignment
When the salary structure is finalized, there is a general tendency to align the figures with the market to ensure you do not lose your best talents to competitors. Otherwise, a 10% hike is good enough after the probation period, and as Abedeen mentioned, measuring ROI is very important.
From India, Delhi
Hi Monika, the hike on confirmation depends on what the general salary level is in your company for such employees and whether the salary they joined on is considered low. We have given as much as a 40% hike on confirmation to hardworking and good employees, but they started with lower salaries. You need to check out what competitors are paying.
From India, Mumbai
From India, Mumbai
Dear Monica, What is the company policy? Have there been any earlier practices? What has been the level of contribution to the organization during this period? Will the amount retain him until the next raise? Maybe you'd like to discuss with your peers or with people he has worked with. I feel that a 10-15% increase is a reasonable amount.
Regards,
Krishna Shankar
From India, Mumbai
Regards,
Krishna Shankar
From India, Mumbai
Hi friends, please guide me. My date of probation is 2/7/2010, and confirmation is 2/1/12. However, when I was confirmed, my salary did not increase. The HR department mentioned that my salary would be revised later. In April, after a few months, I received an increment letter. Unfortunately, due to this issue, I lost out on the amount I should have received during my confirmation. Are there any chances of avoiding this financial loss with the help of joining?
From India, Pune
From India, Pune
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