Dear All,

I am seeking all of yours valuable suggestions / answers to the following questions :

[1] Is Indian IT industries give increment on half yearly basis [after 6 months] or yearly basis. You may please also give examples of the companies who give this.

[2] How to give bonus to the employees. I am only aware of Diwali bonus which is given yearly. Besides this, I dont know how to give or calculate other bonus etc.

[3] What is the difference between subjective and objective parameters. Marking [1 to 10] is subjective or objective and likert scale is subjective or objective. Please clarify?

I look forward to receiving all of yours valuable suggestions / answers. I am preparing Performance Appraisal system for my company and this is the main reason i require this information. I need to give different options to my management. I am designing Performance Appraisal system using Likert scale.

Please help me in this!

Regards,
Amana