Design a tailored base pay increase and bonus approach to evolve compensation programs in line with changes to performance management. Use the Base Pay Increase and Bonus Approach Tool to:

  • Document information from the current-state analysis.
  • Determine the appropriate base pay increase and bonus approach objectives, by employee segment or organization-wide.
  • Perform a cost simulating exercise to uncover budget impacts.
  • Document the high-level implementation plan.

Use the Base Pay Increase and Bonus Approach Tool to design the base pay increase and bonus approach.

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Search Code: 83056
Published: January 24, 2017
Last Revised: January 24, 2017

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