Navigate the 8-step pay review framework with confidence
Follow this structured approach to conduct fair, defensible pay reviews:
Gather all existing compensation information and employment details for the employee.
Compare the current salary to market rates for the same role in your region.
Evaluate performance ratings, tenure, and individual contributions to the organisation.
Check available budget for pay increases and ensure allocation aligns with business priorities.
Ensure any pay decision maintains fairness relative to similarly situated employees.
Determine the pay adjustment amount, effective date, and any additional changes.
Prepare talking points and have a structured conversation with the employee.
Formalise the decision in writing and ensure proper implementation and record-keeping.
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