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Pay Equity and Merit Increases: Optimally Aligning Processes

May 30, 2024

Via: HR Hero

For many, merit increase season is coming to a close. Often, pay equity related increases are coordinated with the merit cycle. But reviewing pay equity after merit increases are finalized provides opportunities to:

  • Counter any potential bias that might occur in the allocation of merit increases
  • Ensure that merit increases are not altered by managers to undo the intended effects of pay equity adjustments
  • Manage a budget, distinct from the merit budget though perhaps carved out of it, focused on pay equity and potentially market-related pay changes
  • Adequately coordinate and communicate with leaders and managers about the pay equity process

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