My company has an evaluation period for an year from April to March, but the appraisals are implemented only from the month of July u.e., you effectively get the appraised salary only in the month of may. Everyone gets a minimum hike of 15% & exceptional work will get you 19%. What a huge difference!!! For example, if your CTC is 10000, you will definetely get a hike of 1500 and if you have made exemplary contribution you will get a hike of 1900. The difference between an hard worker and a normal worker is just Rs.400!!! With the inflation shooting high this year will be crucial!!! The number of perople switching jobs is going to be higher in this FY.
