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Current Salary Trends Survey: What's YOUR take?
The objective of the survey is to find out employee salary expectations. The results will be out in September 2012 and featured on
Rediff.com
.
K
indly provide us with background information to enable analysis, by choosing from among the choices provided below:
1.
Sector you are working with
choose
Accounting/Consulting/Legal
Automotive/Vehicle Manufacturing
Banking/Finance/Insurance
Chemicals
Electronics/Electrical
Entertainment/Communications/Publishing
FMCG/Consumer durables
Information technology
ITES/BPO/KPO
Health care/Medical services
Industrial machinery/Equipment
Pharmaceutical/Biotech
Retail
Research/Development
Telecommunications
Textiles/Apparel manufacturing
Others -- Manufacturing
Others -- Services
2.
Function you are working in
choose
Customer service
Delivery/Operations
Finance
Human resources
Manufacturing
Sales, Marketing and Business Development
Supply chain
Other (please specify)
If other:
3.
Age Group
choose
< 25 years
26 -- 30 years
31 -- 35 years
36 -- 45 years
46-55 years
>55 years
4.
Location
choose
Bangalore
Chennai
Delhi/NCR
Hyderabad
Kolkata
Mumbai
-----------------
Ahmedabad
Amritsar
Bhilai
Bhopal
Chandigarh
Coimbatore
Guwahati
Gwalior
Indore
Jaipur
Kanpur
Kochi
Lucknow
Ludhiana
Mangalore
Nagpur
Nashik
Patna
Pondicherry
Pune
Surat
Vadodara
Vijaywada
Visakhapatnam
----------------
Overseas
Other (please specify)
If other:
5.
Gender
Female
Male
6.
You are working with your current organisation for
choose
0 -- 2 years
2 -- 5 years
5 -- 10 years
more than 10 years
7.
Your current annual fixed salary level
choose
Below Rs 6 lakhs
Rs 6 to Rs 10 lakhs
Rs 10 to Rs 20 lakhs
Rs 20 to Rs 30 lakhs
Rs 30 to Rs 50 lakhs
more than Rs 50 lakhs
8.
I would like my individual performance and merit recognised through
(Please rank in order, 1 being the most important)
1
2
3
4
Fixed salary increase linked to my performance level
1
2
3
4
Performance bonus
1
2
3
4
Non-monetary recognition
1
2
3
4
Fixed salary increase linked to my performance level + performance bonus
9.
In the current situation when salary budgets are limited, I feel companies should
choose
Give lower salary increases but give everyone equal increases
Give lower salary increases but continue to have different salary increases based on performance levels
Select a few good performers only for salary increases
Postpone increases for everyone for 6 months
10.
I believe the performance appraisal system in my company recognizes performers fairly and is a good basis for rewards
choose
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
11.
I believe it is more important for a company to pay all employees equally without consideration of individual performance
choose
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
12.
Given that performance bonus is a common practice, I am comfortable with an annual performance bonus of ___% of my annual salary
choose
<10%
10%
15%
20%
25%
30%
35%
13.
I would like my performance bonus to be linked to
choose
Company performance only
Individual performance only
Mix of company and individual with greater weightage for individual performance
My team performance only and not company performance
My team and individual performance only and not company performance
14.
I feel performance bonus must be restricted in organisations to some levels only
choose
All must get performance bonus
Top management only
Top management & one level down
Upto middle management levels
15.
I feel some departments such as business development, sales should get higher performance bonus since they face the market more directly. They may hence be entitled to a higher salary
choose
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
16.
Please rank the following benefits in order of importance to you : only TOP 5 benefits
(
Rank 1 being the most important
)
1
2
3
4
5
6
7
8
9
10
11
Medical benefits
1
2
3
4
5
6
7
8
9
10
11
Medical isurance for parents
1
2
3
4
5
6
7
8
9
10
11
Housing loan
1
2
3
4
5
6
7
8
9
10
11
Company car
1
2
3
4
5
6
7
8
9
10
11
Transport to work
1
2
3
4
5
6
7
8
9
10
11
Canteen/Cafeteria
1
2
3
4
5
6
7
8
9
10
11
Life insurance
1
2
3
4
5
6
7
8
9
10
11
Sabbatical leave
1
2
3
4
5
6
7
8
9
10
11
Flexible working hours
1
2
3
4
5
6
7
8
9
10
11
Pension plans
1
2
3
4
5
6
7
8
9
10
11
More leave days
17.
I think stock option plan is a valuable benefit and helps employee retention
choose
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
18.
I would like to have a stock option plan at current market price
Yes
No
19.
If I think of my compensation for the next 5 years, I would like to be assured that I will get
choose
Consistent 10% increase each year
0 to 15% increases p.a. but resulting in a guaranteed 80% increase in current salary over 5 years
5 to 20% increases p.a. but no guarantee on extent of increase in current salary over 5 years
20.
What according to you is the most important motivation factor to continue with your existing organisation?
choose
Work-life balance
Competitive pay
Learning and growth opportunities
Brand name
Job security
Higher designation