‘Avg Hike of 12% Likely; Top Tal­ent to Get 25%’

The Economic Times - - Companies -

It is ap­praisal time again and em­ploy­ees can look for­ward to an av­er­age hike of 10-12%, while top per­form­ers can eye as much as 25%, but this once-a-year eval­u­a­tion norm may change as firms are shift­ing to a more reg­u­lar feed­back cul­ture, say ex­perts. Most com­pa­nies have a bell curve sys­tem of man­age­ment in place, which com­pares em­ploy­ees' per­for­mance rel­a­tive to oth­ers and puts them in dif­fer­ent rank­ings — top, av­er­age and bot­tom per­form­ers — with the vast ma­jor­ity be­ing treated as av­er­age per­form­ers.


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