raise articles
What is the primary driver for a Cost-of-Living Adjustment (COLA)?
What is the key financial distinction between a raise and a bonus?
How is a promotional raise fundamentally based, as opposed to a merit increase?
When does a company typically issue a market rate adjustment?
Which department verifies that a proposed raise fits within the allocated salary budget for the cycle during the approval process?
What characteristic defines the budget allocated for merit increases?
If inflation rises by 3.5% and an employee receives a 3% merit raise, what happens to their real purchasing power?
Retention raises are often taken as what type of action by the organization?
If a current salary is $60,000 and the raise percentage offered is 4%, what factor must be multiplied by the current salary to find the new base salary?
Which types of adjustments are generally reserved for 'off-cycle' processing outside the annual window?