Hi all. I'm working in a startup IT company. Here we didn't maintain a proper increment procedure for employees. For example, giving an increment after 3 months/6 months/likewise after the probation period, and the next will be given after 1 year from the date of the first increment. So, employees feel disappointed if someone gets an increment who joined at the same time as them.
We also have trainees here to whom we are giving a stipend and informing them that it will be increased based on their performance. I want to change this procedure in a proper way without any disagreement with the employees as well as trainees. Can anyone give me the best solution in this regard and tell me how to create a proper increment process that will be helpful for me?
From India
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We also have trainees here to whom we are giving a stipend and informing them that it will be increased based on their performance. I want to change this procedure in a proper way without any disagreement with the employees as well as trainees. Can anyone give me the best solution in this regard and tell me how to create a proper increment process that will be helpful for me?
From India
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I am not clear about your name, place of posting, and company name. However, the best answer to your query is to introduce a performance appraisal system. It is not advisable to give employees an increment every 3 months/6 months. Make a uniform policy on this and give an increment irrespective of caste, creed, age, sex, etc. Prepare an increment slab and link this with a performance rating. For further details, you can contact me.
From India, Aizawl
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699From India, Aizawl
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Employee Appraisal Form new.doc
HC All - Trainees not covered for PF -2010.pdf