Increment rounds: from the review form to arrears
Each company sets its increment policy: a fixed month for everyone or each work anniversary, with or without a review form first. HR is reminded on the dashboard when a round is due.
Increment policy
A fixed month or work anniversaries, notice days, minimum service, with or without the form.
The review form
Employees fill it in HR Bingo under its own name (e.g. "Annual review form"), never "increment form".
Proposals
A percentage or an amount; salaries on a structure are split again by it.
Approval and arrears
Management approves, new salaries apply from the date set, and arrears for locked months go into the next payroll.
Related
Payroll
Payroll software for Indian companies: salary from attendance and leave, with PF, ESIC, PT, LWF and TDS. Payslips on the app, bank files in your bank's format.
Read morePerformance (KRA / KPI)
A job description for every role with KRAs and weights, goals from it, self and manager reviews with ratings, on an April to March cycle or each work anniversary.
Read moreHR letters
HR letters from your own templates: offer, appointment, confirmation, increment, experience and relieving, on your letterhead with reference numbers.
Read moreSee HR Bingo set up with your own policies
A 30-minute walkthrough set up the way your company works. You can also ask Huminivex's HR team to run it for you.