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Salary Increases For 2013 - CiteHR

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vvenkat
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
vinodbidwaik
124

Rao,
Period is depend upon the copmany policies and it varies copmny to copmany. For example most of the MNC follow Jan-Dec cycle. Few Indian copmanies folllow April-March, Few copmanies follow the anniversoy of the employee in the organizations. Hence not hard and fast rule.
Average increase in 2013 is expected around 11-12%
Regards.,

From India, Pune
B K BHATIA
455

Salary increase is not mandatory in private companies. Compliance with the minimum wages policy for workers, however, is a legal binding. The concept of 'Average Increase' merely offers a guideline to the management for budget planning.
From India, Delhi
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