The Salary Review Process: How It Relates to Performance Reviews
Whenever you do performance reviews employees want to know, “What does my performance evaluation mean for me financially?” Many companies try to break the link between salary and performance reviews, as in performance is about performance and money is about money. But, I don’t think you ever truly can.
So, how can you achieve your company’s long-term goals, retain top employees and motivate under-performing employees with your salary review process?