Article outlines a program that breaks the annual merit increase into two components. Base salary increase recognizes experiences, contributions or events that improve employee's ability. One-time merit bonus rewards employee's successes and contributions over the past year. Such a program will help companies reduce fixed pay, tie compensation levels to ability to pay.
Article outlines a program that breaks the annual merit increase into two components. Base salary increase recognizes experiences, contributions or events that improve employee's ability. One-time merit bonus rewards employee's successes and contributions over the past year. Such a program will help companies reduce fixed pay, tie compensation levels to ability to pay.
Article outlines a program that breaks the annual merit increase into two components. Base salary increase recognizes experiences, contributions or events that improve employee's ability. One-time merit bonus rewards employee's successes and contributions over the past year. Such a program will help companies reduce fixed pay, tie compensation levels to ability to pay.