You are browsing glossary terms with label Increase

Mandatory Increase Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home2

English

Definition

Increase of Annual Base salary as required by law or other regulations (e.g. bargaining agreements) that applies to a particular group of employees regardless of individual or collective performance.

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    Indexation

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Off-cycle salary increase Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home2

English

Definition

Same as "Market Pay Adjustment".

Words Linked: Market Pay Adjustment

Synonym(s)

Abbreviation(s)