I wanted to know how much are the appraisals dependent on the market rate & how does one determine the market rate of a particular position in particular city.
My other question is regarding the current appraisal rate in a bpo sector in Gujarat,if anyone may have information about it.
Also , want to add if the inflation rate is also a significant factor for appraisals.
Edit/Delete Message
From India, Vadodara
1My other question is regarding the current appraisal rate in a bpo sector in Gujarat,if anyone may have information about it.
Also , want to add if the inflation rate is also a significant factor for appraisals.
Edit/Delete Message
From India, Vadodara
I wanted to know how much are the appraisals dependent on the market rate & how does one determine the market rate of a particular position in particular city.
My other question is regarding the current appraisal rate in a bpo sector in Gujarat,if anyone may have information about it.
Also , want to add if the inflation rate is also a significant factor for appraisals.
From India, Vadodara
My other question is regarding the current appraisal rate in a bpo sector in Gujarat,if anyone may have information about it.
Also , want to add if the inflation rate is also a significant factor for appraisals.
From India, Vadodara
Market DOES NOT influence the appraisal rate. Appraisals are influenced by employee performances. Increment percent is influenced by company revenues and its profits.
From India, Mumbai
From India, Mumbai
1. cost of living indexation ie inflation is a part of compensation.
2. labour arbitrage ie both external & global equity is again a part of Comp & Ben.
3. appraisal is simply measuring performance.. this has nothing to do with market forces.
4. increment rates vary across companies/ locations
to understand increment rates, you will need to get access to Hay/ Towers compensation survey reports.
From India, Delhi
2. labour arbitrage ie both external & global equity is again a part of Comp & Ben.
3. appraisal is simply measuring performance.. this has nothing to do with market forces.
4. increment rates vary across companies/ locations
to understand increment rates, you will need to get access to Hay/ Towers compensation survey reports.
From India, Delhi
Apprisals are based on the individuals performance, group performance & financial performance of the company. You can decide the weightage of these performances and apprisals to be concluded. Market rate is also an important factor which stave off the attrition rate. Inflation is also to be factored in while deciding the min. increment.
Pon
From India, Lucknow
Pon
From India, Lucknow
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.
Understanding Labour Market Dynamics in Africa.pdf
Performence Appraisals Format 360.doc