Is 10% appraisal good for top performers or is the company lowballing?
Exactly. My compensation was sub-10 lpa when I joined and I'm probably going to get only a 10% increase even though I got top rating across all metrics. I've been actively applying for jobs. What do you guys suggest is the best approach to let my manager know that I'm not ok with the 10%?
Jusr set a one on one with Manager. Let him/her know you are not happy.
Thanks for this! I need to do this.
I got a 30% appraisal but I'm aware that I've been lowballed because my compensation was low to start with
In my company, manager tried to play god and distributed more or less equal hike in absolute numbers. So people with low package ended up with more 25% hike and people with higher packages with 10% or less. How would you rate this approach?
Looks like incoming cost cutting. They want to retain the low level employees and care less about the senior ones. If push comes to a shove, the senior most ones will be removed. Harsh but it's the current market situation.
low balling
I got 50 percent hike
The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.
Later, the c...
Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.
Hike Graph is on a roller coaster ride since covid. With nothing certain about the Interest Rates & Inflation.
What is your company offering & What all factors they look at during the appraisal cycle ?
Since we are seeing a lot of layoffs, a lot of companies are using this as an excuse to provide less increment this year. Interested to know what sort of increments are you’ll getting this year and how much did you get last year?
I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I wo...
Name of the company: X% appraisal would suffice
This question is for 5 years experience and appraisal will be applied on a pro rata basis. So, is the 8-9% hike justifiable? Pro rata will be measured on the percentage so it will come around 4% only.