Hello @Omkar Pradhan thank you for doing the AMA session Can you give an overview about the appraisal process if anyone wants to set up from scratch for early age startups with 50 and above employees? Any must-have benefits from an India perspective in comp?

Well this is big process - will try to detail out as below 1. You need to define the PMS Process, Eligibility of employees who will fall under the review cycle - what would be cut-off date, Followed by what framework are you considering - Weather you intend to go via OKR Route or Review Route in review Is it going to be 3-point rating scale, 5 point rating scale, 360 Degree feedback process, You need to document this 2. Most Important aspect is sensitising all the employee about this process & preparing review templates 3. You'll have to carry out a research what is the market standard appraisal %age for your industry & this needs to be done at-least for the past 3 years - this would help determine to decide a ballpark %age increment 4. You need to do Budgeting of current salary cost vs Incremental Salary cost (after considering the market data & what are you willing to give), 5. You have to Initiate the feedback process & parallel create data sets & give a budget to Manager's/HOD's for hike %age of their teams - as there would be promotions, corrections etc - It always best practice to divide the budget amongst the 3 Parameters i.e Merit Hike/Promotion/Correction - this would help in overall analysis. 6. Goes without saying that once the discussion are completed Managers have to share their recommendations with HR & HR has to further spend time & apply Bell -Curve (Rationalising of Ratings) - This can be optional for 50 member Org. 7. Further to this the there are operational aspects which more around communicating etc. From an India perspective - You can try to introduce tax saving component's.. As I said Initiating Appraisal process is a very big activity, so happy to explain over the call if you need any help

Thank you so much Omkar, really appreciate the detailed answers 🙏🙏🙏🙏

@Omkar Pradhan: i would definitely like to get on a call to discuss

Would want to connect sometime later

@Omkar Pradhan I would like to connect with you over the call to know more about this in detail

@Omkar Pradhan Thank you very much for this insightful response. I too would love to get on a call and learn more about this process. Thank you