Salary Increase Matrix Toolkit
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Published: 2022 (2nd edition)
The purpose of this toolkit is to establish Company practice to grant employees with an annual salary increase based on their salary grade position and performance rating.
The Salary Increase Matrix Toolkit consist of the following sections:
- Purpose
- Definitions
- Salary Increase Policies
- Compa Ratio Performance Matrix
- Salary Grade Compa Ratio
- How to define a compa ratio performance matrix?
- How to calculate employee compa ratio?
- AppendicesCompa Ratio Performance Matrix
- Compa Ratio Calculator
- Salary Increase Matrix Model
- BenefitsHelps to determine how much of a raise is given to an employee
- Helps to understand how an individual’s pay relates to the company’s salary grade range and the market.
This product is customizable to include your company logo and other information. Instant product delivery (download link) on the checkout page in Microsoft Word & Excel format.