Dear Sir,
Recently, I have been interviewed by a manufacturing company. When I informed them that my increment is due in March 2014, the HR manager questioned me, "How are you getting an increment in March 2014?" Since my last increment was awarded in Feb 2013, and this year it falls in March 2014. He mentioned that, as per standard factory rules, increments are only granted in April. This made him view me with suspicion.
Please advise whether it is stated that annual increments can't be granted in March. In my understanding, if a person joins in February of the previous year, their annual increment will be due in March. The company is located in Jaipur, Rajasthan. How should I handle this situation? Please advise.
Thank you.
From India, Indore
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2Recently, I have been interviewed by a manufacturing company. When I informed them that my increment is due in March 2014, the HR manager questioned me, "How are you getting an increment in March 2014?" Since my last increment was awarded in Feb 2013, and this year it falls in March 2014. He mentioned that, as per standard factory rules, increments are only granted in April. This made him view me with suspicion.
Please advise whether it is stated that annual increments can't be granted in March. In my understanding, if a person joins in February of the previous year, their annual increment will be due in March. The company is located in Jaipur, Rajasthan. How should I handle this situation? Please advise.
Thank you.
From India, Indore
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Dear Maze,
What the HR Manager says is correct. Generally, increments happen on the 1st of April. Therefore, there is nothing wrong if he takes your statement with a pinch of salt.
How many years have you worked in the current company? Do you have proof of increments for February 2013, February 2012, etc.? If yes, then scan the payslips and send the scanned copies by email. If you do not have scanned copies, what about bank statements? Obtain the bank statements for the last three financial years and show them to him.
All the best!
Dinesh Divekar
From India, Bangalore
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What the HR Manager says is correct. Generally, increments happen on the 1st of April. Therefore, there is nothing wrong if he takes your statement with a pinch of salt.
How many years have you worked in the current company? Do you have proof of increments for February 2013, February 2012, etc.? If yes, then scan the payslips and send the scanned copies by email. If you do not have scanned copies, what about bank statements? Obtain the bank statements for the last three financial years and show them to him.
All the best!
Dinesh Divekar
From India, Bangalore
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Thanks a lot, sir. I had already given them my Feb 2013 increment letter along with the salary slip and the salary slip of March 2014 so that they can understand how it happens. I also gave them my bank account statement.
Regards,
Rajendra
From India, Indore
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Regards,
Rajendra
From India, Indore
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These days, in many organizations, performance appraisals and annual rewards are conducted twice a year - once in April and again in October. For those employees who joined after April, they are considered for appraisal and awards; otherwise, they have to wait for more than a year for their annual rewards.
Thank you!
From India, Bengaluru
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Thank you!
From India, Bengaluru
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Dear All,
I am just going through all views given by members, but, sorry to say, I feel there is some miscommunication or misinterpretation on the question. Performance appraisal is the company's internal policy; there is nothing in any law where the appraisal or period of appraisal of employee performance is mentioned.
The period of appraisal also depends on company culture, economic strength, etc. Some companies are conducting appraisals twice a year, while others do it on a yearly basis. Some companies have the appraisal period aligned with the calendar year, while others follow the financial year. In addition, some MNCs base their appraisal periods on the weather, depending on their headquarters' location, such as the US, China, or the UK. This approach is useful for them to work out global or national cost liability and effectiveness.
Thank you.
From India, Mumbai
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I am just going through all views given by members, but, sorry to say, I feel there is some miscommunication or misinterpretation on the question. Performance appraisal is the company's internal policy; there is nothing in any law where the appraisal or period of appraisal of employee performance is mentioned.
The period of appraisal also depends on company culture, economic strength, etc. Some companies are conducting appraisals twice a year, while others do it on a yearly basis. Some companies have the appraisal period aligned with the calendar year, while others follow the financial year. In addition, some MNCs base their appraisal periods on the weather, depending on their headquarters' location, such as the US, China, or the UK. This approach is useful for them to work out global or national cost liability and effectiveness.
Thank you.
From India, Mumbai
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Annual increments can occur at any time during the year according to the company's preferences. Some small companies provide increments at their discretion. Typically, appraisals and increments take place effective from April, corresponding to the fiscal year. However, some companies may opt for a calendar year approach. There is no fixed rule regarding the timing of increments.
Pon
From India, Lucknow
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Pon
From India, Lucknow
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I agree with Tushar and Pon. There is no fixed time for increment. Many companies have yearly increment policy. Many have twice a year policy. It varies from company to company.
From India, Ahmadabad
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From India, Ahmadabad
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I do agree with V Perival Performance Appraisal/ Salary increment depends on company’s internal policy. And you could answer to HR Manager as mentioned by Perival. Kiramuddin
From Afghanistan, Kabul
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From Afghanistan, Kabul
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Dear Maze,
Giving increment, promotion etc., will be as per the police and procedure of the organizations, which differs from organization to organization.
There is no such rule that increment should be given in the month April.
There may be reason why he might have raised the issue is.
1.Government revises Minimum wages (DA revision) every year in the month of April paid in may. So every company increase their employees DA in the month of April if they are paying less otherwise it’s not mandatory to give hike in April.
2.Companies follow the accounting year April to March. So usually they revise every things in April
NOthing to worry , just explain him your company practice.
All the best!
Regards
Madhu.M.S
From India, Bangalore
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Giving increment, promotion etc., will be as per the police and procedure of the organizations, which differs from organization to organization.
There is no such rule that increment should be given in the month April.
There may be reason why he might have raised the issue is.
1.Government revises Minimum wages (DA revision) every year in the month of April paid in may. So every company increase their employees DA in the month of April if they are paying less otherwise it’s not mandatory to give hike in April.
2.Companies follow the accounting year April to March. So usually they revise every things in April
NOthing to worry , just explain him your company practice.
All the best!
Regards
Madhu.M.S
From India, Bangalore
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This aspect is also based on the size of the organization. In a company where I worked, increments are awarded to employees four times a year (i.e., 1st Jan, 1st April, 1st July, and 1st Oct). If an employee joins the organization between 1st Jan and 31st March, then their increment shall fall on 1st Jan the following year. Likewise, for an employee whose date of joining falls between 1st April and 30th June, their anniversary date for increment shall be 1st April.
There are no set rules for increments. They depend upon the performance appraisal policy/increment policy of the company.
Thanks,
R K Nair
From India, Aizawl
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There are no set rules for increments. They depend upon the performance appraisal policy/increment policy of the company.
Thanks,
R K Nair
From India, Aizawl
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