Merit Increase Guidelines
HRInsights can help you develop a merit increase guideline for your company. A merit increase process:
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is designed to award base salary increases
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is capable of providing performance-based calculations
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many companies also call this process pay for performance
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ensures that you have the tools in place to administer fair and equitable increases
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is targeted at improving performance and rewarding high performing employees
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is designed to differentiate salaries over the course of time based upon performance
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