Merit Increase Planning
No more spreadsheets, calculators, or long hours.
We have automated the merit increase planning process to make
it accurate, objective, and hassle-free. Now you can literally do in minutes
what used to take hours, even weeks. Develop cost projections as well as
multiple merit increase models, like the one shown on this page. Make any
necessary changes to your plan with a few simple keystrokes.
The Merit Increase Planning module makes it possible to develop
models to establish the cost of making changes in your compensation strategy.
Would you like to know how much it would cost to bring every employee with two
years of service and acceptable performance up to the market median? Simply put
in your assumptions and the system will calculate the rest. Fast and accurate
data is provided for just about any model you want to develop. The only question
now is what you are going to do with all your free time.
View Annual Compensation Plan.
