When the opportunity to conduct a pay review comes up, it is important to be prepared. A well-executed pay review can have a dramatic impact on the success of your team.
Create a clear agenda
Prepare yourself for a structured, honest discussion, set a date and ask your employee to come prepared with specific evidence and examples.
Analyse your employee’s progress
- Have they added value, increased productivity or saved the company money?
- How quickly do they respond to urgent tasks?
- Have they taken on extra responsibility?
- Have they put in extra hours?
Remember to keep the review meeting constructive and positive - it can be daunting for your employee.
Give a commitment as to when you should have an answer, if possible, and arrange a follow-up meeting. You may want time to consider the claim further, or to speak to colleagues or your consultant about the final decision.
If you would like to discuss any of these aspects of recruitment with one of our experts, just find your nearest office or download our Developing Loyalty Guide for more insight.