SOLUTION:

Merit Line of Sight

PURPOSE: In a team meeting or with individual team members, generally outline the companyā€™s overall team member pay strategy, highlighting how individual and department/team achievements impact compensation (how we pay people).

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SOLUTION:

Merit Line of Sight

PURPOSE:Ā In a team meeting or with individual team members, generally outline the companyā€™s overall team member pay strategy, highlighting how individual and team achievements impact compensation (how we pay people).

Print or Download Solution

Time: 1 - 2 Hours

STEP 1: Meet with your team or an individual team member and discuss the following:

Describe the companyā€™s overall compensation strategy, highlighting how the plan is structured to reward ___________ results and ___________ actionsĀ 

Ā 

STEP 2: Provide the opportunity for team members to outline possible scenarios to further understand the merit reward possibilities. Provide general examples of how good performance can lead to rewards.

Note: The purpose of the Merit Line of Sight discussion is to create a realistic understanding of the potential merit increase available to team members, and to create a clear picture of what it would take to trigger this increase.