What Is A Merit Increase | Cornerstone Glossary
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Merit Increase

A merit increase is an employee’s increase in wages based on individual performance.

Benefits of providing Merit Increase

Cornerstone Compensation unifies performance data with compensation data – making it easy to determine merit increases based on employee performance. With quick access to real, measurable performance data within the Compensation module, managers can easily and accurately distribute merit-based compensation.

Learn More About How Cornerstone Can Help Manage Merit Increase
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