No Tags Found!


parimal564
4

Dear Sir / Ma'am, I am working in engineering company which is located in Ahmedabad, Gujarat and where we are 50 employees working.
We have annually turnover around 125 Cr.
Kindly advice what is standard rate of Increment / Attrition / Absenteeism.
Also I would like to know, how much weitage to be give on If employee having degree in Full Time Course and another employee having degree through distance learning.
Kindly advice that is there any distance to be maintain if both are working in same job profile. Performance standard we already consider.
Best regards,
Parimal

From India, Ahmadabad
tajsateesh
1637

Hello Parimal,

Looks like your Company is an established one....so obviously you would ALREADY be having some Policies reg Increments/Appraisals. Pl mention the current practices/policies.....the members would be able to give better suggestions then, based on ground realities.

As regards standard rates of Attrition / Absenteeism, pl explain the EXACT situation you are facing. Pl note that it won't help you by knowing the standard rates.....what you need to know are the causes for such situations & they vary from Company to Company, even though belonging to the same sector.

W.r.t. your query "how much weitage to be give on If employee having degree in Full Time Course and another employee having degree through distance learning", pl note that there is usually such a difference ONLY during joining. Later, performance takes-over for any salary hikes. After a couple of years, for all you know, the Full-time Degree holder COULD be drawing less than the Distance-learning degree holder.

Coming to the quantum, it varies between geographical locations--since local factors dictate such issues. What's the current difference in vogue in your Company? That would enable the members located in your State to make actionable suggestions.

Rgds,

TS

From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.