Cafe Classic: Solving the Dilemma of Pay Progression Over Time
Compensation Cafe
OCTOBER 5, 2018
Conventional practice is to hire most new people into their jobs at salary levels below their market midpoint or Market Reference Point (MRP) and to move grade structures maybe half as much as the anticipated general market movement each year. Here is a fix. The issue is simple and clear. Many salary surveyors (including the U.S.
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