15% Increase in Job Application in Appraisal Season: See Details from Here!!! – A survey conducted by a private firm which shows, 15% rise in employees looking for new jobs during the appraisal season. Employees are always looking for better opportunities. Most of the Senior Management professionals tend to change their jobs due to better compensation during their appraisal process.
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On Average professionals are looking for the job change in the span of 2 to 4 years. The major reason for job change is good Hike. Changing Jobs is in trending with freshers and young employees when compared to professionals in these years. Fresher use the companies to learn and improve their skills then they move to the new jobs with better pay.
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But the most employees were changing their jobs during the appraisal period because; the appraisal meeting will be conducted after completion of one year. During the appraisal, most of the company’s givens hike between 8 to 15 % on Average. But during the change in job, employees had a chance of getting 20% to 100% hike.
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When it comes to job changes, the male-to-female ratio is 6:2. The Opportunism for young skilled people is always huge. Employees hiring young skilled candidates with less experience because of the pay check. So job change is in trend with Young minds. All of this has resulted in an increase in the number of people hired.
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