Employees' Salary Revision and Arrear Processing
Salary change or Salary increment is the most awaited occasion for all employees working in both Private as well as Public sector organizations. Employees eagerly await to receive some percentage of salary increment every year post the appraisal period.
Some of the factors that trigger a salary change include Performance appraisal, Standardization of salaries (Market correction of pay), transfer of an employee from one department to other, amendments to statutory regulation and Promotion of an employee.
greytHR will help you manage your entire salary revision process smoothly and accurately.
This video will help you learn:
- Revise salary for an individual employee
- Bulk salary revision for employees
- Arrear Processing