wheather a employee will be covered under yearly increamnet,suppose he had joined 7 months back. will be will be covered in that yearly increament. by sambath
From India, Madras
From India, Madras
Hi
Depends upon the company policy defined..here there are two options..
1. Yearly increments on the completion of seven months alongwith the others on the pro-rata basis.
2. Give increment on the completion of the one year of service and effect the general yearly increment.
Here first option is prefered for administrative purposes and the employees also feel happy and a part of the organization as well.
Regards,
Rajat Joshi
From India, Pune
100Depends upon the company policy defined..here there are two options..
1. Yearly increments on the completion of seven months alongwith the others on the pro-rata basis.
2. Give increment on the completion of the one year of service and effect the general yearly increment.
Here first option is prefered for administrative purposes and the employees also feel happy and a part of the organization as well.
Regards,
Rajat Joshi
From India, Pune
hi sampath
increment purely depends on your company policy. it does not have any rules that an employee who have not completed one year of service should not be given increment.
see and review the individuals performance. if the performance is in a very high note, then give increment. it will be the good motivation for an employee to continue his / her job.
regards
devarajan
From India, Madras
increment purely depends on your company policy. it does not have any rules that an employee who have not completed one year of service should not be given increment.
see and review the individuals performance. if the performance is in a very high note, then give increment. it will be the good motivation for an employee to continue his / her job.
regards
devarajan
From India, Madras
No rule for the same.
Generally Mfg companies have the rule that if a person completes 6 months or more as on 31st mar, 07 (u can have december if u want) he will be eligible for increment which is paid wef the upcoming month of April. (in this case- Apr, 2007)
We used to pay Variable incentive based of the number of month he has worked in the earlier year. But u have 2 be careful for the ones who joined your company between the earlier revision cut off & current cut off date- as in that u pay for a min of 6 months or max of 18 months
PS - Isnt increment prospective & not retrospective???
Generally Mfg companies have the rule that if a person completes 6 months or more as on 31st mar, 07 (u can have december if u want) he will be eligible for increment which is paid wef the upcoming month of April. (in this case- Apr, 2007)
We used to pay Variable incentive based of the number of month he has worked in the earlier year. But u have 2 be careful for the ones who joined your company between the earlier revision cut off & current cut off date- as in that u pay for a min of 6 months or max of 18 months
PS - Isnt increment prospective & not retrospective???
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