Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

General Salary Increase

A general increase is typically administered as an across-the-board salary increase. In this instance, all employees receive a fixed amount or percentage as a pay increase. When a general increase is used, a percentage is typically preferable over a fixed amount to ensure the compensation relationship is the same before and after the general increase in pay.

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Generally Accepted Accounting Principles (GAAP)

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