Many organizations struggle to make good pay decisions and allocate merit increases. The struggle usually revolves around trying to account for changes in the market, rewarding performance and sticking to a small budget. In the absence of a better solution, organizations often fall back on across-the-board pay increases, or worse yet… no process at all.
This presentation will teach you how to develop a raise allocation process that rewards talent in the right way. You’ll learn:
Most important, we’ll talk about how to navigate this challenge while staying within budgetary constraints.