Remuneration reviews are one of the most costly HR processes businesses go through. They are also one of the most important, boosting motivation and performance, and improving employee retention – everyone wants to be paid well for the work they do.
At MyHR, we’re frequently asked to prepare remuneration reviews and provide guidance for companies conducting reviews. So we’ve distilled our advice into high-level criteria that you can use to decide whether a pay increase is appropriate or not
This FREE employer guide covers:
Pay parity within roles.
Pay parity between different roles.
Pay parity within the market.
Other rewards.
For the Australian version of this guide, click here.
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