Ad hoc salary hikes are additional pay increases that can occur outside of regular pay reviews. While sometimes given to all employees, the amount can vary based on current salary. However, in some private organisations, these hikes may be awarded to a select few based on individual performance.
17 December 2022
What is adhoc hike? When it will be given and why? Will it be given to all Or only few people and how would they select only few people on what basis?