I would be grateful if I could get information about how the salary increment is done in India. Say, if you were to give a 5% increment to an employee, would it be to the basic salary or to the gross salary. Any information provided would be a big help.
From Japan, Omihachiman
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From Japan, Omihachiman
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Hi there,
Salary increments worldwide are always added to the basic (base) pay, and the average worldwide salary rate increase is 3% to 5% year on year. However, the four (4) basic compensation principles must always be considered in any decision regarding salary increases or adjustments. These are: Internal Equity, External Competitiveness, Affordability, and Sustainability.
Best regards.
From Philippines, Parañaque
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104Salary increments worldwide are always added to the basic (base) pay, and the average worldwide salary rate increase is 3% to 5% year on year. However, the four (4) basic compensation principles must always be considered in any decision regarding salary increases or adjustments. These are: Internal Equity, External Competitiveness, Affordability, and Sustainability.
Best regards.
From Philippines, Parañaque
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Hiyoshi san,
You are welcome! I am happy to be of help. I used to work with Toyota Motor Philippines, Inc. and I have been to Japan (Nagoya & Toyota City) before. Thank you for joining our group.
Best regards.
From Philippines, Parañaque
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You are welcome! I am happy to be of help. I used to work with Toyota Motor Philippines, Inc. and I have been to Japan (Nagoya & Toyota City) before. Thank you for joining our group.
Best regards.
From Philippines, Parañaque
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please tell about understandably these four : Internal Equity, External Competitiveness, Affordability, & Sustainability.
From India, Vijayawada
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From India, Vijayawada
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