HI, Can anu one provide the percentage of annual increment of the salary in india.
From India, Pune
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17From India, Pune
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Hi Trupti,
As Jaipal said, you can follow the same. The increment should be given as per benchmarking with other companies of the same designation, performance, self-learning, current project objectives, and future project worth and importance. You can even provide a 100% hike. This is the proposal to the management regarding employees, based on the data provided by HODs.
From India, Bangalore
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As Jaipal said, you can follow the same. The increment should be given as per benchmarking with other companies of the same designation, performance, self-learning, current project objectives, and future project worth and importance. You can even provide a 100% hike. This is the proposal to the management regarding employees, based on the data provided by HODs.
From India, Bangalore
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Hi, Well if you see the trend of the Last year it goes as follows Minimum = 12% Average = 15% Maximum = 20% (+2% ~ 5% additional for top performers) Hope it will suffice the objective....
From United Kingdom
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From United Kingdom
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This portal has been very handy for exchange of knowledge as well as understanding practices from different industry thereby helping HR community’s progress.
From Hong Kong
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From Hong Kong
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Hi All, If we were to look at salary increments of 2008, don’t you think the average hike has come down to 8-9% due to recession?
From India, Delhi
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From India, Delhi
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Dears, Salary hike of the year 2008-09 will be depend on recession rate. may be gone down.
From United States, Los Angeles
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From United States, Los Angeles
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No, these figures are barring the IT sector. For the IT sector, it was slightly higher and is as follows:
Min - 14% to 16%
Avg - 18% to 22%
Max - 27% to 32% (with an additional 2% to 4% for top performers)
The variation is due to the company size, performance, as well as the ranking of the company. For companies like Infosys, Wipro, Sapient, and Microsoft, the percentages would be slightly higher. This is followed by HCL, NIIT with slightly lower percentages, and then slightly unknown companies and so on...
From United Kingdom
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Min - 14% to 16%
Avg - 18% to 22%
Max - 27% to 32% (with an additional 2% to 4% for top performers)
The variation is due to the company size, performance, as well as the ranking of the company. For companies like Infosys, Wipro, Sapient, and Microsoft, the percentages would be slightly higher. This is followed by HCL, NIIT with slightly lower percentages, and then slightly unknown companies and so on...
From United Kingdom
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But right now the IT sector specifically the services sector is also very low in many of the mid-size companies. It around 8-12%. Vijay
From India, Hyderabad
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From India, Hyderabad
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Does the trend vary for a health care sector too :confused: Will there be any difference for professionals and employees of the same health care.....
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I think it all depends upon the company's profitability. The normal rate ranges from 10% to 30%. However, when conducting an appraisal of any employee, it is necessary to check their profile, work, and importance in the organization. Analyze how much we can provide and then come to a conclusion.
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