Hi All, I'd like to know if the IT co.s in India, adjust wages to the inflation, if yes, how frequently. And how does the salary structure change on such adjustment?

The approach we took in last company Appraisal - annual Breaking down apprraisal into 3 peices Inflation linked - 4-6% Performance linked Promotion linked Combining these 3 give a final appraisal percentages Let me know if you need further assistance

Hi. While computing your salary budgets, Inflation is considered. We had parked our salary budget at 18% and then re bifurcated into 4 main bucket 1- merit Increment + promotion - 8% , 3% 2-market correction - 3% 3- Inflation - 2% 4- zone correction - 2%

@Rohit Vatsyayan the performance and promotion linked hike is over and above the inflation adjustment, what is the average hike % offered?

@Khyati Garg These three combined will give final percentage,I skipped percentages for both as subjective to performance and competency framework Salary corrections and promotions liked hikes will have to be tagged to competency+Band and grades Top 20% - overall 25% Salary correction- goes as high as 35% Promotion liked - based on band and grades ,if not then 12-17% for senior ,20-30 for mid level,25-35 for junior level Rest hovers around 15% Create a matrix and start bucketing ,a framework will help run it smoothly

@Rohit Vatsyayan thank you for your input. 🙌