Annual Appraisal 2019: Reason why Mumbai, Pune professionals want highest salary hike - Will they get big increment?
Appraisal 2019: A first-ever kind of survey on appraisals has revealed many details of ‘What India Wants’. The details of this first candidate-centric appraisal survey focuses on the appraisal sentiment across multiple cities and sectors. Shine.com recently conducted this survey focusing on the expectations of employees instead of a top-down HR or company led approach. The survey was conducted across working professionals from various industries including IT, Banking and Finance, Industrial products, education/training, FMCG etc.
What do the survey findings show about the salary expectations of Mumbai and Pune professionals:-
- "These two cities - Mumbai and Pune - have collectively portrayed the highest appraisal sentiment in the country."
- "Mumbai and Pune are witnessing robust growth across most sectors."
"Interesting developments revealed in Mumbai and Pune where employees in Education/Training and the Automobile sector are expecting hikes on the higher side."
-"While a whopping 62% of employees in Mumbai are looking for over 20% appraisal in the Education/Training sector, around 56% in Auto are eyeing the same."
- "Further, 48% of employees in the Auto sector and 38% in the Education/Training sector are looking for more than 20% hike in Pune.
WATCH ZEE BUSINESS TV LIVE
Reacting to the findings of the survey, Zairus Master, CEO, Shine.com said, “It is interesting to note the variance in employee expectations across different metro cities and across sectors. While employee sentiments are high across most sectors, it is a given that not all organizations will be able to meet these expectations."
Appraisal 2019: First-ever survey on ‘What India Wants’ - Details of findings
Survey respondents: The respondents of the survey were majorly located in leading metro cities including Mumbai (19.49%), Delhi/NCR (20.89%), Bangalore (20.08%), Hyderabad (16.43%), Pune (9.34%) and Chennai (11.64%).
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
11:22 AM IST