Hi HardeepSR,
To my knowledge, there is no law making it compulsory to grant increment to employees. Generally increment is granted after every year of satisfactory performance/service or w.e.f. 1st April as per the policy of the employer. Also known as Annual increment. Outstanding performers are granted out-of-turn considerably. In some stray instances increment may not be granted as a routine every year. Even an average performer may be granted increment, it depends on various factors. Also increment is not a legal right enforceable.
From India, Bangalore
1063To my knowledge, there is no law making it compulsory to grant increment to employees. Generally increment is granted after every year of satisfactory performance/service or w.e.f. 1st April as per the policy of the employer. Also known as Annual increment. Outstanding performers are granted out-of-turn considerably. In some stray instances increment may not be granted as a routine every year. Even an average performer may be granted increment, it depends on various factors. Also increment is not a legal right enforceable.
From India, Bangalore
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