Aligning Appraisal Date
Dear Friends
We want to align the date of appraisal and hence the increment of all employees w.e.f 01 Apr 2008 . We have decided that all those who have completed less than 6 months since last increment/appraisal will have to wait for the next cycle i.e 01 Apr 2009. But those who have done more than 6 months but less than a year will get the increment as of 01 Apr 2008.
2. We are thinking of giving prorata increase to such employees .Is there a simple formula of doing this.Say for an employee who had done 8 months , can we calculate 8/12 xpercent increase recommended. Am I missing something obvious or is it simple but effective way of doing things.
3.PLEASE give me your inputs asap.
Regards
Aladin
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