Hi, Can any one clearly explain me the difference between appraisal and increment. To my knowledge appraisal yearly once but what about increment.please help me out. Regards Rekha
From India, Madras
1From India, Madras
Hi Rekha,
Appraisal & salary increment are two different things.
The process of appraisal emphasizes on assessing the individuals on the basis of certain skills & Competencies, which are required to perform their job & on the basis of KRA's(Key result areas)
So, after the appraisal process the individual comers to know about his strengths and weaknesses.
Where as increment in salary is a part of compensation planning process & inputs from appraisal are required while deciding the increment in salary.
Appraisal & salary increment are two different things.
The process of appraisal emphasizes on assessing the individuals on the basis of certain skills & Competencies, which are required to perform their job & on the basis of KRA's(Key result areas)
So, after the appraisal process the individual comers to know about his strengths and weaknesses.
Where as increment in salary is a part of compensation planning process & inputs from appraisal are required while deciding the increment in salary.
Performance appraisal is an evaluation method where the employee’s work effectiveness is measured using operational criteria such as performance metrics, social behaviors, Objectives... it aims on how well the employees meet job specifications and what can be done to achieve higher productivity .
Now Salary Increment is just one of the positive outcomes on Appraisal. An employer may choose to review the salary so as to reward the good performance. Not all appraisals are necessarily Accompanied with salary increments.
A performance appraisal decision can affect the status of employee in regards to their retention, termination, promotion, transfer, salary increase or decrease, or admission into a training program.
Now Salary Increment is just one of the positive outcomes on Appraisal. An employer may choose to review the salary so as to reward the good performance. Not all appraisals are necessarily Accompanied with salary increments.
A performance appraisal decision can affect the status of employee in regards to their retention, termination, promotion, transfer, salary increase or decrease, or admission into a training program.
Hi,
I had recently joined in a IT comapny 2 months ago, i know that i'm not eligible for appraisal, but they promised me that they will give me hike after 3 months.And my doubt is if my salary is been increased so it is called as increment or what it is called.
Please clarify , hope my question is clear.
Regards
Rekha
From India, Madras
I had recently joined in a IT comapny 2 months ago, i know that i'm not eligible for appraisal, but they promised me that they will give me hike after 3 months.And my doubt is if my salary is been increased so it is called as increment or what it is called.
Please clarify , hope my question is clear.
Regards
Rekha
From India, Madras
Rekha, You are right. Any revisal that results in increase of your salary is called an "salary increment".
can some one help me that is an employee eligible for Appraisal and increment in the same month
From India, Mumbai
From India, Mumbai
MS REMI ,
As mentioned by friends Appraisal & Increament are two different things,yet they are co -related ( more or less ).Appraisal contain KRA ,Achieved Targets in time ,short fall,reasons for not completing ,Training reqd , Reporting /Relation Vertical / Horizontal way seniors /colleagues /Subordinates .Etc .
Depending total rating as per Company Procedure one get recommendation for Promotion /Increament .
Regards ,
Y.R.Shirke
From India, Mumbai
As mentioned by friends Appraisal & Increament are two different things,yet they are co -related ( more or less ).Appraisal contain KRA ,Achieved Targets in time ,short fall,reasons for not completing ,Training reqd , Reporting /Relation Vertical / Horizontal way seniors /colleagues /Subordinates .Etc .
Depending total rating as per Company Procedure one get recommendation for Promotion /Increament .
Regards ,
Y.R.Shirke
From India, Mumbai
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Employee Appraisal Form new.doc