Determining an Employee’s Raise
June 27, 2014
What factors should be considered when determining an employee’s raise?
– Restaurant Manager
The key determining factors include how the employee has performed against your expectations for them, in addition to how they measure up against others in the organization. Next, you need to focus on your collective budget to determine what limits exist. Lastly a view of their present compensation in comparison with others at their level, with those above them, with yours and overall with what the market is bearing is all critical.
