Yearly Increament, How much are you expecting?
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 Nov 1 2006, 05:06 PM
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#1
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Senior Member
978 posts Joined: Jul 2005 
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Well theoretically we should all expect our increment to cover the rate of inflation at the very least, assuming your performance review is not below par. Anything more is basically based on how much above par your performance is as well as the company's discretion... the rate of inflation was like, what? 6%? Anyone know what the rate is nowadays?
Personally I dont buy into companies that refuses increment when your performance is clearly above average. Things like citing excuses such as, 'You performance is good but we cannot give increment because we are over budget, etc, etc' is just a bunch of crap. My loyalty goes so far as how the company reciprocrate our work performance. Of course if performance bad, then got nothing to say lar... Remember love your job not the company, you can always find a different company with the same job  |
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Nov 2 2006, 01:08 PM
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#2
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Senior Member
978 posts Joined: Jul 2005
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QUOTE(GenkiGal @ Nov 2 2006, 12:40 PM) sad to say tht malaysian company usually dun giv much increment..unless u r in oil & gas company like petronas..their staff get 9% increment every year (normally all staff will get medium performance rate, rarely got ppl get high performance rate). ehh... not happy find other job lor. Anyway 5% is better than 0%... I've been in a bank where I got good performance review but even then 0% increment with the added insult of hearing all the lame excuses why it is so.for my ex-company n current company, d most we'll only get around 5% increment..sad   |
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