Dear all,
Recently, we have changed our policy to Yearly Appraisal, which was previously Half-yearly. I just want to hear from all of you on what the general salary hike is on a yearly basis. It would be helpful if you could provide insights in terms of hierarchy: Trainees, Juniors, Software Engineers, Seniors, Team Leads, and Managers.
Generally, what is the percentage of yearly salary increase in a mid-sized software company?
Please don't reply by saying it depends on the company's financial position and policies.
Regards,
Srilatha
From India, Hyderabad
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10Recently, we have changed our policy to Yearly Appraisal, which was previously Half-yearly. I just want to hear from all of you on what the general salary hike is on a yearly basis. It would be helpful if you could provide insights in terms of hierarchy: Trainees, Juniors, Software Engineers, Seniors, Team Leads, and Managers.
Generally, what is the percentage of yearly salary increase in a mid-sized software company?
Please don't reply by saying it depends on the company's financial position and policies.
Regards,
Srilatha
From India, Hyderabad
Acknowledge(0)Amend(0)
Greetings from GroupHR!!!
The normal rate of hike is 30-40%. In the case of a consistent performer, it is around 50%. In the case of an exceptional performer, it could even exceed 50%.
However, such a hike could be given only after proper "Performance evaluation". That itself will speak volumes about who is eligible for how much hike.
Regards,
Team GroupHR
From India, Delhi
Acknowledge(0)Amend(0)
The normal rate of hike is 30-40%. In the case of a consistent performer, it is around 50%. In the case of an exceptional performer, it could even exceed 50%.
However, such a hike could be given only after proper "Performance evaluation". That itself will speak volumes about who is eligible for how much hike.
Regards,
Team GroupHR
From India, Delhi
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PERFORMANCE EVALUATION FORM.doc
Performance Evaluation Guidelines.ppt