The Merit Matrix: Rating × Compa-Ratio → Increase
This lesson is part of the course
In this lesson
You look up each employee's merit increase in a two-way matrix of performance rating and compa-ratio band, total the spend, compare it with the budget pool and find the factor that brings the matrix exactly on budget.
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Lessons in this course
- Point-Factor Job Evaluation: From Factor Levels to Grades Locked
- Aging and Blending Market Survey Data Locked
- Designing Salary Ranges: Midpoints, Spreads & Overlap Locked
- Compa-Ratios, Range Penetration & Green/Red Circles Locked
- Raw vs Grade-Adjusted Pay Gaps Locked
- The Merit Matrix: Rating × Compa-Ratio → Increase Locked
- Costing Green Circles and Red-Circle Freezes Locked
- Capstone: Pay Structure Summary & Scatter Chart Locked