Moderate pay raises in annual appraisal cycle this year: Survey

Just 19 per cent of the respondents said they expect salary increments of over 15 per cent this year,while a significant 36 per cent believe that they will not receive

increments at all or that salary increases will be less than 5 per cent in their organisations.

8220;Appraisals are a highly anticipated event amongst professionals. While as a rule those who deserve good salary hikes will get them,employers have adapted to the changing business environment,8221; HeadHonchos.com CEO Uday Sodhi said.

Sodhi further added that the 8220;focus for most employers continues to be on performance-linked reward and recognition systems,often through compensation packages that have a high variable component.8221;

This year8217;s pay raises is in tandem with the trends in recent years that have seen increments in the 11-13 per cent band,as well as the growing importance of variable pay and performance-linked bonuses.

While high performers continue to be valued,organisations have balanced the need to incentivise employees with growing pragmatism,HeadHonchos.com said.

The rightsizing of expectations by management professionals clearly reflects a sense of realism as they adapt to the post-2008 years,it added.