The merit cycle state of the union
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