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Effective use of matrix-based salary increase guidelines (aka, merit matrix) enables CIOs and IT leaders to re-emphasize pay for performance in tough times.
Table of Contents
Understand the Characteristics of an Effective Merit Pay Program
Create a Merit Matrix to Differentiate Pay Based on Performance
- 3.1 What Is a Merit Matrix?
- 3.2 How to Construct the Matrix to Meet the Budget Target
- 3.3 The Rule of Thumb
- 1.0 Introduction