Introduction
- All rtCampers receive an Annual Reviews that is usually coupled with a compensation review.
- This is different from the Quarterly Performance Review as this also aims at Goal Setting and defining objectives for the upcoming year.
- This review is initiated a month before the year ends since your previous salary revision at rtCamp.
- rtCamper’s performance recorded through Continuous Feedback and Quarterly Reviews are consolidated as data points.
- While all rtCampers are eligible for Annual Reviews, salary revisions are solely based on the performance of the individual and are not extended to everyone by default.
| Rating Score | Performance Level | Narration | Probable Outcomes |
|---|---|---|---|
| 5 | Excellent | Meets deliverables, demonstrates a significant understanding of changing technological advancements and superior subject authority | Best salary increment |
| 4 | Good | Meets deliverables and also demonstrates a significant understanding of changing technological advancements | Competitive salary increment |
| 3 | Meets Expectations | Meets deliverables, but lacks continuous development to stay up to date with technological advancements | • Inflationary salary increment • Realign objectives |
Evaluation Stages Of A Review
A review consisting of a set of scalable questions (parameters) against which performance is evaluated will be initiated through HRMS.
| Stage | Activity | Time to completion |
|---|---|---|
| Self Review | Conducted async | 3 days |
| Manager review | Conducted async | 7 days |
| Reviews published | Reviews collected in HRMS, are frozen and all stakeholders receive a copy of the feedback | Automatically, on completion of above |
| Manager Meet | Discuss the feedback shared and set goals for the coming year | 2 days |
| HR Meet | Correlate the performance feedback into monetary growth and finalize the salary revision | 2 days |
| Documentation | Record the finalized revision across systems and document acceptance of the revision | 1 day |
In case of administrative delays, the effective date of increment will continue to be the anniversary date and not the date on which the appraisal was finalized.