I think Appraisal is just a formality as it does has a hike, but at the same time empolyee doesn't take employer into consideration. I feel the real appreciation can be given in mid month if the performance of an employee is upto the mark or outstanding. This kind of appreciation can be considered as an employee is Appraised as conducting an Appraisal is a by default process. Normally i think while giving an appraisal HR plans the CTC in such a way that they feel they are appraised 45% or so, but i don't believe any company will give 45% hike in Actual amount (in-hand), if that is the case then we really need to see such Company. But i strongly feel the need of discussion as to why employee feels he/she should be appraised 20% or 30% with respect to performance. So its by default feeling of an increment which makes individual happy. I have a ? does anyone came to a stituation where there was no increment after appraisal since the performance was not upto the mark. Never i believe, so just think with the stituation and act accordingly. (Acme)
RE:Appraisal Formality
by aj on May 20, 2008 11:31 AM Permalink
Mr. Parag
You will have to belive that I got 45% raise in my in-hand salary.
I belive that running behind brand names does not give you complete satisfaction. You should choose your company rightly and then work hardest. Then you will surely reap the benefits.
So IT sector is not bad at all. Infact, from my side of the world it looks really green.
RE:Appraisal Formality
by dddelhi on May 20, 2008 12:47 PM Permalink
dear aj..seems that this time you got a good hike..that's why you are talking like this ;-)
