What are your company policy according promotion and Increment

Question

Accepted Answer

Company policy on promotion and increment is based on performance and tenure.

Promotions are typically based on performance evaluations and meeting specific criteria set by the company.
Increments are usually given annually or bi-annually, depending on performance and market conditions.
Employees may be eligible for promotions or increments based on their tenure with the company.
Clear communication of promotion and increment policies is essential to ensure transparency and fairness.
Promotion and increment decisions are usually made by the HR department in consultation with the employee's manager.

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