Summary
The foundit Appraisal Trends Report is a comprehensive analysis based on a nationwide survey conducted by foundit.in, which gathered responses from 5,108 employees across various industries, functions, and experience levels. The report examines appraisal patterns for the financial year 2024-2025, detailing salary hikes segmented by sector, role, and experience. It addresses performance evaluations, promotions, job satisfaction, and fairness in the appraisal process. The findings indicate that 70% of employees received appraisals, with notable variations across industries such as Energy and Retail, which reported higher increments. Additionally, 85% of respondents expressed a desire to change jobs, citing factors like flexibility and work-life balance as key motivators. The report also highlights employee perceptions regarding the effectiveness of the appraisal process and the transparency of decision-making related to salary increments and promotions. Overall, it provides a detailed view of the current appraisal landscape in India.
