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.