Sir, I need to confirm the percentage by which salary is revised after confirmation.. What is the normal practice in companies??? What shall a hardworking good performer expect??
From India, Delhi
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2From India, Delhi
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It depends entirely on the company's HR policies. If an employee has performed well during their probation period, you can offer approximately a 5-10% increase, considering their performance and other relevant components.
From China
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From China
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Hi Monika.
No, 10% is not the maximum limit; it purely depends upon the performance of the employee. Sometimes during negotiation (at the time of final selection), we negotiate so that once the employee has performed, the salary can be revised.
Though the practice in most companies is somewhere between 7 to 15%, every company can devise its own policy for this matter.
From India, Delhi
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No, 10% is not the maximum limit; it purely depends upon the performance of the employee. Sometimes during negotiation (at the time of final selection), we negotiate so that once the employee has performed, the salary can be revised.
Though the practice in most companies is somewhere between 7 to 15%, every company can devise its own policy for this matter.
From India, Delhi
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Thank you, Ms. Archana. We have a very hardworking and efficient employee, and his salary (₹25,000/-) has been revised by 10%. However, he is not very satisfied. According to me, it is a reasonable growth for a 6-month-old employee.
From India, Delhi
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From India, Delhi
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Dear Monica,
No human being in the world is satisfied, or can be satisfied; his/her wants are unlimited. We need to consider the worth of the service he/she provides to the company, and based on that, the company will provide benefits to retain the best talent. Always analyze the return on investment made on employees.
You need to discuss with him about his expectations and find a solution to this situation. You will have a better and clearer picture.
From India, Bhubaneswar
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No human being in the world is satisfied, or can be satisfied; his/her wants are unlimited. We need to consider the worth of the service he/she provides to the company, and based on that, the company will provide benefits to retain the best talent. Always analyze the return on investment made on employees.
You need to discuss with him about his expectations and find a solution to this situation. You will have a better and clearer picture.
From India, Bhubaneswar
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Hi Monika,
Without complete information about the employee such as his designation, number of years of experience, and qualifications, it would not be fair on our part to comment on the given salary. Additionally, I'm sure he must have joined on a higher salary than in the past in your company. You can look at the total percentage and convince him.
When the salary structure is finalized, there is a general tendency to align the figures with the market to ensure you do not lose your best talents to competitors. Otherwise, a 10% hike is good enough after the probation period, and as Abedeen mentioned, measuring ROI is very important.
From India, Delhi
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Without complete information about the employee such as his designation, number of years of experience, and qualifications, it would not be fair on our part to comment on the given salary. Additionally, I'm sure he must have joined on a higher salary than in the past in your company. You can look at the total percentage and convince him.
When the salary structure is finalized, there is a general tendency to align the figures with the market to ensure you do not lose your best talents to competitors. Otherwise, a 10% hike is good enough after the probation period, and as Abedeen mentioned, measuring ROI is very important.
From India, Delhi
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Hi Monika,
The hike on confirmation depends on what the general salary level is in your company for such employees and whether the salary they joined on is considered low. We have given as much as a 40% hike on confirmation to hardworking and good employees, but they started with lower salaries. You need to check out what competitors are paying.
From India, Mumbai
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The hike on confirmation depends on what the general salary level is in your company for such employees and whether the salary they joined on is considered low. We have given as much as a 40% hike on confirmation to hardworking and good employees, but they started with lower salaries. You need to check out what competitors are paying.
From India, Mumbai
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Dear Monica,
What is the company policy? Have there been any earlier practices? What has been the level of contribution to the organization during this period? Will the amount retain him until the next raise? Maybe you'd like to discuss with your peers or with people he has worked with. I feel that a 10-15% increase is a reasonable amount.
Regards,
Krishna Shankar
From India, Mumbai
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What is the company policy? Have there been any earlier practices? What has been the level of contribution to the organization during this period? Will the amount retain him until the next raise? Maybe you'd like to discuss with your peers or with people he has worked with. I feel that a 10-15% increase is a reasonable amount.
Regards,
Krishna Shankar
From India, Mumbai
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Hi friends, please guide me. My date of probation is 2/7/2010, and confirmation is 2/1/12. However, when I was confirmed, my salary did not increase. The HR department mentioned that my salary would be revised later. In April, after a few months, I received an increment letter. Unfortunately, due to this issue, I lost out on the amount I should have received during my confirmation. Are there any chances of avoiding this financial loss with the help of joining?
From India, Pune
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From India, Pune
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