Employee salary increments are determined based on their performance evaluation grades from supervisors averaged over Q4. Those receiving more than 85 marks will get a 25% salary increment, 80-84 marks a 20% increment, 75-79 marks a 15% increment, and 70-74 marks a 10% increment.
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Salary Increment Policy
Employee salary increments are determined based on their performance evaluation grades from supervisors averaged over Q4. Those receiving more than 85 marks will get a 25% salary increment, 80-84 marks a 20% increment, 75-79 marks a 15% increment, and 70-74 marks a 10% increment.
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Salary Increment Policy: Employee salary increment would be depending on their
performance evaluation grade obtained from supervisors. After Q4, HR will average all their performance evaluation grades & will follow the below increment structure.
Performance Evaluation Marks Obtained Increment Salary Percentage
More than 85 25% Marks 80 – 84 20% Marks 75 – 79 15% Marks 70 – 74 10%