Pay for Performance Report: Pay Your People With Purpose
Every compensation professional knows pay for performance is extremely important. Yet, far too often, the implementation of pay-for-performance strategies is a black box of educated guesses.

How many people should get promoted each year? Who should get a raise? If an employee “meets expectations,” how much should their base salary go up?

To answer these questions, we mined a full year of data from merit cycles run in the Pave platform and compiled them into this Pay for Performance Report.

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The Pay for Performance Report includes insights on:

  • How many employees companies promote
  • Which employees get more base pay and equity
  • How much more base salary and equity high-performing employees receive
  • Whether raise amounts are equitable across genders