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Considerations When Giving Employees Raises


Smaller Pay Hikes Would Tempt Employees to Switch Jobs - SHRM

“Money is still a key driving force behind employee satisfaction, happiness and retention,” she said. “If a small pay increase is all it takes ...

How to Ask for a Raise (& Actually Get It!) - WordStream

Some companies review employee salaries at least twice a year. If you don't know what your salary review cycle is, ask your HR department. This ...

Why Pay Raises Should Be Based on Performance? - iSmartRecruit

Merit-Based Raises Demonstrate Your Commitment to Fair Treatment · Merit-Based Raises Show Employees Their Hard Work Matters · Merit-Based Raises ...

How to Ask for a Raise at Work (With Examples) - BestColleges.com

Look into salary trends to see how much employees in your industry and with your experience level typically make. · Create a list of your major ...

7 Tips for How to Ask for a Raise (and Get It) | Robert Half

If your compensation is below par, you can use this information as leverage for requesting an increase. While you're looking at the numbers, ...

Pay Rise Australia: How To Handle A Request From An Employee

Ultimately, how often you decide to give out pay increases is up to you. You need to take into consideration your employees' expectations and their job ...

How Often Should You Give Your Employees A Pay Rise

Can the business afford it? · How long has the employee been at the company, and have they proven their worth in this time by hitting targets or achieving ...

New Research Shows How Employees Feel When Their Requests ...

Instead of relying heavily on performance metrics, ensure that every raise request prompts a look at market data for the given position. What ...

Compensation Standards and Practices - Office of Human Resources

Merit increases are performance-based increases in compensation granted to employees whose performance and productivity are sufficient to earn an increase.

Six Types of Pay Raises You Can Receive - Goodwill Industries

Incentive to keep good employees—If an employer is afraid that a good employee might leave to accept a better offer, they will often give a raise. If you do ...

Is It Still Okay To Promote Someone Without Increasing Their Salary?

Yes, you can legally promote an employee (female, male, or other) without giving them a pay raise. However, you have to provide legitimate reasoning for doing ...

Salary Negotiation Tips – BusinessBalls.com

Sometimes your employer or boss will ask you to write a letter giving reasons why you believe you deserve a salary increase or pay rise or other improvement to ...

Factors to consider for employee raises - TimeSolv

Those providing exceptional work output receive larger pay increases than employees who fail to meet performance standards. In order to efficiently implement ...

Refusing to give a raise to an employee, while keeping her motivated

It would be helpful to know how long this employee has been working for you and also how long it has been since they last had a raise. If they' ...

Your Employee Asked for a Raise: How to Properly Respond

Offering false hope ; Take time to gather information before responding, React impulsively or emotionally ; Provide growth opportunities if a salary raise isn't ...

Salary Increase Guidelines - UNC Human Resources

Employee retention, when employees have a documented offer for a comparable position (i.e., not an obvious promotion) outside of state employment and have given ...

pay raise vs a bonus options differences best choice - Plentive

In addition to providing bonuses in lieu of pay raises, organizations should strive to create a culture where employees are recognized and rewarded for their ...

Offered a bonus at work? Ask for a raise instead - Vox

It is a pretty decent moment to be a worker in America and · Many employers have tried to accomplish that with bonuses, offering workers an extra ...

What is the etiquette when given a pay increase or bonus? - LinkedIn

Business Owner: I Dream Of Snow · Tell your employees about their pay increase in a private meeting. · If you didn't give increases/bonus' to ...

How to Determine Salary Increases - Paying & Rewarding Employees

Decide on the timing and occurrence of salary raises ... It is at the employer's decision when and how often salary raise will be given. Govern what would be the ...