As summer comes to a close, you’re probably starting to lay out your priorities and plans for 2027. Up first— planning, managing, and administering the annual increase process and performance management reviews.
First, you’ve got to collect data that allows you to model merit increases, along with other increases that make up your total increase budget and develop a defensible proposed budget for approval from the leaders of your organization. A key input is the projected budgets that are collected and reported by other organizations.
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