Merit raises

Discuss the problems set with merit raises. As a manager/owner of your own position what would you do to insure that merit raises fulfilled their intended value? chastity raises are typically continued throughout time and job feat is not evaluated before they occur. Typically, employees decide on a steadily plus and see it as being unrelated to transaction, barely to the time put forth and loyalty to the said company. For the most part, many do no trust concern and dislike the concept of merit raises. These incentives typically reach incentives for seniority and not related to how well someone does their job.Some early(a) problems with merit raises include the availability of money may be short-staffed to the employees base pay. Managers may also sport no guidance in how to define a rate increase and/or how to measure performance to determine future increases. There may be a omit of honesty and belief in trust between employees and managers because of these situations. Any deficiencies elusive wiht a performance rate program may not suspend this to work in a affirmatory fashion.Organizations such as Boeing, Timex, and Westinghouse have utiliseed a lump-sum merit program. Employyes with this program receive a sensation lump-sum increase at the time of their review, not added to their salary, more bonus related. Unless management takes any further action, their salary stays the same until a onward motion is offered to them. This allows management to control finances more efficiently. This can be through with(p) yearly or several times a year.Ultimately, I cerebrate an evaluation program would need to be implemented in order to create a fair pay scale raise. I would implement ways to evaluate current tasks, success within these tasks, problem-solving and effectiveness in ones job, and also look for employees who go above and beyond their expectations. All of these issues would be evaluated in order to create a positive, but appealing pay sca le increase for employees. This would create a more fair work setting and would allow employees to feel more positive about their job and accomplishing what their responsibilities are.