What is the standard period followed for salary increases and what is the increase expected for 2013. Your reply is very much appreciated. Regards Rao
From India, Bangalore
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From India, Bangalore
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Rao,
The period depends upon the company policies, and it varies from company to company. For example, most MNCs follow the Jan-Dec cycle. Few Indian companies follow April-March, while some companies follow the employee's anniversary in the organizations. Hence, there is no hard and fast rule.
The average increase in 2013 is expected to be around 11-12%.
Regards.
From India, Pune
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124The period depends upon the company policies, and it varies from company to company. For example, most MNCs follow the Jan-Dec cycle. Few Indian companies follow April-March, while some companies follow the employee's anniversary in the organizations. Hence, there is no hard and fast rule.
The average increase in 2013 is expected to be around 11-12%.
Regards.
From India, Pune
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