Create a guideline for detailed communication to employees about their salary revision.
Salary revision is a core activity in the organization life cycle, culminating out of a comprehensive appraisal process on the employee’s job performance and conduct in the organization. Salary revision also helps in employee retention and growth in the organization.
This data capture template is available for download in Excel format.
With this Salary Revision template you can:
Be consistent with computation
Check revision quantum
Assess revised cost to company
In just a few minutes you will be able to create salary revision formats. This template covers vital information like:
Cost to the company breakup
Any performance linked incentives
Complete breakup of fixed and variable components
This template is meant to provide general guidelines and should be used as a reference. This is not a legal document. greytHR will not assume any legal liability that may arise from the use of this template.