Pay Equity and Merit Increases: Optimally Aligning Processes

This post was originally published on this site

For many, merit increase season is coming to a close. Often, pay equity related increases are coordinated with the merit cycle. But reviewing pay equity after merit increases are finalized provides opportunities to:

Counter any potential bias that might occur in the allocation of merit increases Ensure that merit increases are not altered by managers to undo the intended effects of pay equity adjustments Manage a budget, distinct from the merit budget though perhaps carved out of it, focused on pay equity and potentially market-related pay changes Adequately coordinate and communicate with leaders and managers about the

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