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Interviews General Queries 2 years ago
Posted on 16 Aug 2022, this text provides information on General Queries related to Interviews. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Am facing a issue in my office. Which is the salary hike. one year have been completed in office for me. I asked HR about the salary increment. BUT he is saying like it will be done in Appraisal. Am confused over here increment and appraisal. So according to his point once a year only i will increment then what is a use of it. Am confused. I want to know like is there any difference between these and what is it?
Thanks and Appreciate you help :)
An 'Increment' is just a salary increase, usually one that comes to you automatically by virtue of just working for a year, or just as a 'cost of living increase'. Government salaries often come with an increment every year. There may also be a 'merit-based raise', which may be awarded together with or separately from an 'increment'. If they happen together the difference between them may be unclear,
An Appraisal is a review of your performance. An appraisal often results in a pay increase, and many companies tie the two together. Appraisals are often once a year, though they may be more frequent
What your boss means is that you will only get a pay raise once your performance has been 'appraised', probably be a formal process. After that is done, the company will decide how much extra they are going to pay you.
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