Increment Policy and Promotion Policy for Workers

Increment Policy

Increment Policy Purpose: To ensure skill manpower, employees satisfaction and increase their respective duties & responsibilities. To ensure it a staff should flow Performance Requirements Policy

Responsibility: HR & Compliance manager and realated section/ department head.

Major Criateria:      

• Promotion & increment will be effective after three/six months or depends on situation when management justifies employees fit for promotion / increment.  
• If any employee meets his /her responsibility in that case special promotion and increment should be organized by HR instruction by top management.
• Promotion and increment is totally based on working efficiency, duration, attitude, capability, competence, patience etc.

Operator:

• Section head will submit a list to HR department.
• HR will collect/put their data with evaluation format then provide to evaluation team.
• Evaluation team (Concern HR, IE, Technician, Q.C & PM) will evaluate them and jointly proposed for promotion/ increment with salary & grading (such as A.B.C) (Grade A for 4000/=, B for 3800/= & C for 3600/= salay will fixed for helper to operator). It decided by section head on 09.10.13
•  HR manager will finalize the proposal discussion with top management for confirm approval.
• After approval the proposed list provide to payroll & concern HR officer for updating personel file.

Others worker:

• Section head will submit a list to HR department.
• HR will collect/put their data with evaluation format then provide to evaluation team.
• Evaluation team (Concern HR, IE, Technician, Q.C & Section/Department head) will evaluate them and jointly proposed for promotion/ increment with salary & grading (such as A.B.C)
•  HR manager will finalize the proposal discussion with top management for confirm approval.
• After approval the proposed list provide to payroll & concern HR officer for updating personel file.

Staff/Management:

• Respective Section/Departmental head will submit proposed data to HR department with recommendation for promotion /increment.
• HR will collect/put their data for proper evaluation with specific format.
• For any promotion or increment of management or staff, one must to face a written exam or viva voice.
• Section/Departmental head fill up the evaluation sheet indivisualy then submit to HR with comments.
• HR manager will finalize the proposal discussion with top management for confirm approval.

Concusion

After approval the proposed list of Increment Policy provide to payroll & concern HR officer for updating personel file.