HRSINGAPORE Community Discussions
Administering Yearly Increment
Dear HR Practitioners,
How is Salary Increment administered in most companies? Do all employees have their yearly increment administered at the beginning of the year or on their anniversary year, ie, if join in Jun 2018, then increment in Jun 2019. If the latter, that means HR has to keep a tedious records of all staff, isn't it? If not, can advise how is it usually done, assuming every staff will have an annual salary increment.
Our company increment is fixed on mid of the year for everyone. If the staff joins in September for example, he or she has to wait till the next year.
Our company fixed the annual increment at the end of Jan for all after the financial year ended. Those without a complete year of service need to wait for the subsequent year for annual increment.
STILL NOT SURE ABOUT THE HR COMMUNITY? CALL US
(65) 6337-8016 or 6338-5816, 9 am to 5 pm, Mondays to Fridays
• We have the sole discretion in determining which messages or notes are appropriate, and editing and excluding any messages or notes.
• As your messages will be seen by others, please refrain from posting messages that you can be held legally liable for.
• We are committed to protecting our members from spam or unsolicited e-mail and we will remove and ban subscribers who propagate spam and those involved in harvesting activities. If you receive a spam message from a subscriber, forward the message to us.