The merit cycle state of the union

Cover Image

As companies navigate the current economic climate, total rewards leaders face tighter budgets and constraints on merit cycles. This Pave report examines Q1 2024 trends, providing insights on:

  • The rise in merit cycle freezes, with smaller companies hit harder
  • Benchmarks on performance rating scales and the tendency to avoid "below expectations" ratings
  • Promotion rate differences by job function and company size, with technical roles and smaller companies seeing higher rates
  • Shifts in equity grant practices, prioritizing promotion-based equity over performance-based equity

Read the full Pave E-Book for actionable intelligence to guide your organization's compensation and rewards strategies.

Vendor:
Pave
Posted:
Nov 19, 2024
Published:
Nov 19, 2024
Format:
HTML
Type:
eBook
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