The top guide to merit cycle mastery
A robust merit cycle can help your company retain top talent through transparency, fairness and trust. This series of blog articles contains all the information you will need to take control of the merit cycle and ensure you get pay right.
Read on to learn more.
Administering total rewards is easy with CompXL
CompXL supports managing merit raises, bonuses, commissions, long-term incentive awards, equity, and employee total rewards statements across an entire organization.
Request a demoComp Conversations: Managing Merit Increases and Pay Equity within Established Salary Structures
Garry Straker, VP of Compensation Consulting, discusses the impact of merit increases on pay equity and established salary structures. Garry also answers participant questions about comp philosophy, salary compression, and what happens when you add tenure to this mix.
More resources
An Overview of the Merit Cycle Process
Transform your workforce dynamics today. Read this article for expert insights on optimizing the merit cycle process.
5 Simple Tips to Master Merit Planning
Companies must know how to create a transparent process, set clear goals, get buy-in from stakeholders, manage expectations, and continuously improve. In this way, they will be on their way to merit planning success.
A Business Guide to Off-Cycle Planning Between Merit Cycles
Dive into expert advice on managing off-cycle compensation changes effectively. Ensure fairness and transparency in your organization with this article.
Meritocracy at Work: Building a Data-Driven Merit Cycle
This article offers a roadmap for building a data-driven merit cycle. It emphasizes the importance of setting clear expectations, gathering objective data, and communicating openly throughout the process.
Using CompAnalyst to Master Merit Cycle Compensation Planning
Using the CompAnalyst software can help companies optimize their merit cycle compensation planning process. It has the right tools and robust features available to streamline the process and optimize the compensation strategy.
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