Hi all!
I would like to know that
1.what will be promotion guidelines for all employess from top level executives to office assistants.
2.What will be basis for pay hike.
This is for small company with employess around twenty.
pl give advice in this regard
From India, Hyderabad
1I would like to know that
1.what will be promotion guidelines for all employess from top level executives to office assistants.
2.What will be basis for pay hike.
This is for small company with employess around twenty.
pl give advice in this regard
From India, Hyderabad
Hi,
At a conceptual level answer for your first query is provided by the attached document. This is a real "Pronotion Policy" organizations have been following.
By way of an answer to your second query, I would state that a comparison on "industry-cum-region basis" coupled with "capacity to bear additional financial burden" should provide you the guidelines. You may refine the dindings by factors like, "cost/need to retain", "job analysis to determine the worht of the job and then an objective performance appraisal system to decide how well the individual qualifies!"
Promotion is an illusiory concept. An indusrty that is not growing fast, not changing or innovating will by definition offer fewer opportunities to grow! But it is found that many individuals equate higher rank and better pay with equation-unfortunately!!
I hope this answers your queries.
Regards
samvedan
January 31, 2007
From India, Pune
At a conceptual level answer for your first query is provided by the attached document. This is a real "Pronotion Policy" organizations have been following.
By way of an answer to your second query, I would state that a comparison on "industry-cum-region basis" coupled with "capacity to bear additional financial burden" should provide you the guidelines. You may refine the dindings by factors like, "cost/need to retain", "job analysis to determine the worht of the job and then an objective performance appraisal system to decide how well the individual qualifies!"
Promotion is an illusiory concept. An indusrty that is not growing fast, not changing or innovating will by definition offer fewer opportunities to grow! But it is found that many individuals equate higher rank and better pay with equation-unfortunately!!
I hope this answers your queries.
Regards
samvedan
January 31, 2007
From India, Pune
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