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Kā aprēķināt Pay Raise

Kas ir Pay Raise?

Calculates annual salary increase recommendations based on performance, market rates, and inflation. Balances employee retention with budget constraints.

Soli pa solim ceļvedis

  1. 1Determine benchmark salary for role
  2. 2Adjust for employee percentile (top, average, below)
  3. 3Add inflation adjustment (2-3%)
  4. 4Apply performance multiplier (0.8-1.5×)
  5. 5Cap by budget constraints

Worked Examples

Ievade
$100k, 5%
Rezultāts
$105k

Common Mistakes to Avoid

  • Giving equal raises to all employees ignoring performance
  • Not considering equity and internal parity

Frequently Asked Questions

What's a typical annual raise?

Industry average 2-3%; high performers 4-5%; below average performers 0-1%.

When should I give raises?

Annually during budget season; merit-based for promotions or market adjustments; immediately for retention risks.

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