Performance Evaluation - transition from calendar yr to anniversary date
richardnVA
5 Posts
Can anyone share their experience in transitioning from calendar year to annivesary date reviews with wage increases
Comments
Good luck!
Nae
Edit - I talked with my CFO about this idea and - what if someone's performance goes down sharply (or increases sharply) between the review and the raise? Or are your raises not tied to reviews?
I am unconvinced that connecting raises to evaluations works. It sounds like a good idea but in reality I think it lends itself to favoritism, politicking, showboating, and hurt feelings.
These merit increases, what does one have to do to get one?
Yes everyone gets the same increase. Its generally been 2.5 to 3.5 percent.
Merit raises can be initiated when an ee takes on new responsibilities or has acquired new skills or knowledge.