Quote:
Originally Posted by Unregistered
Is it a flat rate? Or depend on rank? Less than 2% is really bad.
In MNC it depends on individual and company performance. I have seen those who got 0% because of losses and poor performance. My highest was 10% that year we made decent profits in our region. The factor deciding is never by paper qualifications.
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Not a flat rate, but it's in the region of 1 to 2%. The best I got was 4% but that was under the old management. Under the new management, the percentage is weird. I can have increment percentage up to 2 decimal points. I had 1.76% and my colleagues had 1.68% and 1.83%.
Many who entered STE the same time as me also had left, even if they were promoted and converted to perm. The pay package wasn't the only problem, but definitely was part of the bigger issue.
Since the appraisal gradings are ultimately decided / approved by the senior management, there's only so much things a supervisor can sell for this subordinate.