1. #1
    Unregistered

    After my appraisals also my CTC has been increased on Rs.5000

    I had got very good feedback and my manager had told me that they will increase 20% from my current CTC. But when I got my salary I could see only 2% increment in my annual salary. In my appraisal letter it was clearly written as 20%. What should I do? I spoke to the respective team also, but they are not responding properly.

  2. #2
    san8 Array
    Join Date
    Sep 2012
    Posts
    118

    Re: After my appraisals also my CTC has been increased on Rs.5000

    Make sure you rottme up all the facilities provided by your employer, CTC should include everything that the company paid you on different occasions apart from salary. So maybe you miscalculated the percentage and thus it turns out only 2% instead of 20%.
    However if you are sure about their mistake then approach them effectively. Take all the necessary steps to forward your complaint, maybe its due to improper approach. If you notice that they are ignoring because of some prejudice or differentiation then you can go further to the top level management of the company.
    Things surely gets done when higher authorities probes in.
    All the best

  3. #3
    Madhu M Array
    Join Date
    Sep 2012
    Posts
    685

    Re: After my appraisals also my CTC has been increased on Rs.5000

    Hi .. I think if your manager has promised you a 20% increment on your current CTC then he should certainly fulfill his promise..And as you got very good feedback from your manager you certainly deserve an increment..

    First of all check that you have made the calculations right and also consult the same from your colleague..CTC also includes provident fund, gratuity, Superannuation fund, etc other than your salary.. So see if you have taken all this into account before calculating the percentage..

    If your calculation is right then go and go and speak to your manager regarding this who has promised you 20% increment and tell him your problem..I am sure he will tell you if there has been any error and will make correction if needed..

    Good luck. Thanks

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