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SALARY
INCREASE PLANNING MATRIX
Salary
increases should be guided by position in range of the current salary
(adjusted for number of hours actually worked) and performance. Use the following matrix to guide you as you consider pay
increases for your employees. To
begin, write the names of your employees into the areas on the matrix
indicated by the position of their current salary in the range and by
their performance.
|
|
|
Position
of Salary in Pay Range
(Compa-Ratio)
|
|
|
|
Lower
Third
|
Middle
Third
|
Upper
Third
|
|
|
|
Support
Staff
|
80-93%
of market value
|
94-107%
of market value
|
108-120%
of market value
|
|
|
|
Professional
Staff
|
73-91%
of market value
|
92-110%
of market value
|
111-127%
of market value
|
|
|
Performance
Level
|
Upper
Third
|
Salaries
in this area of the matrix would usually experience the
largest increases.
|
|
Salaries
in this area of the matrix are at a premium.
A moderate increase would usually be indicated.
|
|
|
Middle
Third
This is the level of performance most frequently attained. |
|
Salaries
in this area of the matrix are probably about right, usually
indicating a median increase.
|
|
|
Lower
Third
|
Inexperienced
performers: median
or above increase
Experienced
performers: below median or no increase.
|
|
Salaries
in this area of the matrix would usually receive little or no
increase.
|
|
