January 2011
Intermediate to advanced
240 pages
5h 9m
English
Pay reviews are general or ‘across-the-board’ reviews in response to movements in the cost of living or market rates, or following pay negotiations with trade unions, or individual reviews that determine the pay progression of individuals in relation to their performance or contribution. They are one of the most visible aspects of reward management (the other is job grading) and are an important means of implementing the organization’s reward policies and demonstrating to employees how these policies operate.
Even where pay increases include a performance element, employees typically expect that pay reviews will maintain the purchasing power of their pay by compensating for increases in the cost of living. They ...
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