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There are 2 pay reviews per year, performed by People Ops with your manager.
Watch out! A pay review ≠ a performance review. Performance and development are worked on throughout the year. (Performance & Development Framework)
End-of-Year Pay Review | Mid-Year Pay Review | |
---|---|---|
Increases effective in | January | July |
Seniority & Performance level checks | ✅ | ✅ |
Role benchmark check | ✅ | ❌ |
Location factor check | ✅ | ❌ |
Promotions and pay increases can be done as part of as well as outside of the pay review cycles.
Things to consider for promotions and other pay increases:
…even if there’s a role benchmark increase.
Fair pay goes hand in hand with clear expectations and open communication about performance.
Here’s how performance impacts pay: