"What is the typical annual increment for an employee who has been continuously working for five years? I've heard that as an employee's experience grows, their rate of salary growth tends to slow down. Is this true?"
From India, Hyderabad
From India, Hyderabad
Hi
Here number of years is not the primary criteria but performance of the employee for the period under review. An employee who is working for more than five years if not that productive or he /she is a average performer then good increment will not be awarded based on 5 years service alone. What counts is the performance.
The other perspective is when the salary of an employee increases on yearly basis the percentage of increment will go down compared to Juniors increment % as their salary will be less compared to Seniors.
From India, Madras
Here number of years is not the primary criteria but performance of the employee for the period under review. An employee who is working for more than five years if not that productive or he /she is a average performer then good increment will not be awarded based on 5 years service alone. What counts is the performance.
The other perspective is when the salary of an employee increases on yearly basis the percentage of increment will go down compared to Juniors increment % as their salary will be less compared to Seniors.
From India, Madras
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