In an e-mail to the concerned employees, the company’s CHRO Milind Lakkad thanked them for their performance and contribution to the company. However, at the same time, he said that the issue of their year-end salary increase in the organization will be considered in the next year. When the management was contacted by the employees to inquire about the details of this e-mail, they were informed that those who complete one year of service with the company on or after April 1, 2022, will not have ‘Anniversary Appraisal’. Will have to wait for next year. Incidentally, Annual Appraisal takes place at regular intervals. There is an increase in salary on the anniversary appraisal of an employee joining the company.
TCS-Infosys: Increasing resignations, TCS-Infosys is worried about employees!
Pune-based ‘Nascent Information Technology Employees Senate (NITES)’ has expressed strong anger in view of the IT company’s decision regarding ‘anniversary appraisal’. According to them, at a time when all companies are hiring employees with the promise of a fixed salary, changing the policy of ‘anniversary appraisal’ without talking to them is ‘cheating’ them. Harpreet Singh Saluja, president of the organization, also said, “When employees were expecting their anniversary appraisal, they were told something completely different. They were left in complete darkness.
However, according to a statement by Tata Consultancy Services (TCS), the IT industry has increased the salaries of its employees along with the company. Even during the corona virus, it was ensured that the salary increase of the employees was not affected in any way. Hence it should not be interpreted separately.
BEML Disinvestment: Another government company on the way to privatization! Any names on the list?
An employee of the organization said that they have been assured of ‘Anniversary Appraisal’ consistently. But now a completely different thing is being said. Many experts say that this decision seems to have been taken to reduce the cost of the salary sector.
Economic Times’ data-rich, cutting-edge analysis from over 20 sectors. click on