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

Salary Increase

The difference between an organization's current pay and what it plans to pay in the future. Salary increases can be given based upon merit (such as pay for performance), cost-of-living increases, or matching what competing organizations pay. In the latter case, wage surveys are used to determine the amounts of salary increases.

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Page Number
19 - Quantitative Methods Used in Salary Administration
17
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Salary Increase Budget

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