Determine the Right Employee Salary Increase Using People Analytics
NOVEMBER 13, 2018
According to Aon’s 2017 U.S. salary increase survey , more than two-thirds of employers were taking some kind of action to increase merit pay differentiation, with 40% reducing or eliminating increases for lesser performers. This suggests that spreading pay raises across the board, like peanut butter on toast, has become an outdated practice. In many cases (beyond cost of living adjustments) this is a step in the right direction.