I am an HR professional working in a leading Real Estate company in NCR. My company has a policy that after completing 6 months, you are entitled to an increment. In the case of an employee who joined on 1st October, are they entitled to an increment or not? If not, why? Please suggest what that person needs to do in this regard.
Regards,
Sunil Sharma
From India, Faridabad
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Regards,
Sunil Sharma
From India, Faridabad
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Dear Sunil, What does you compensation policy guide? Is it not on Pro-rated basis ? When does your salary-review cycle ends ? Looking forward to hear from you
From India, Mumbai
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1872From India, Mumbai
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Your query is not clear. However, when there is a stipulation in a company's policy that an employee is eligible for an increment upon completion of six months, then the six months are to be computed from the date of joining. In this example, the said employee shall be eligible for an increment on 1st April of the following year unless the company's policy stipulates otherwise.
Regards,
B. Saikumar
HR & Labour Law Advisor
From India, Mumbai
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Regards,
B. Saikumar
HR & Labour Law Advisor
From India, Mumbai
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Employee reference policy.doc
Performance Review 2008(employee Section).ppt