Merit Cycle State of the Union
In the current market, total rewards leaders are being asked to do more with less, including running merit cycles under more constraints (for both cash and equity). To take some of the leg-work out of researching benchmarks, we’ve dug into Pave's real-time data to outline merit cycle trends from Q1 of 2024.

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We were inspired by questions from our customers like:

  • Are other companies changing the merit process due to restricted budgets?
  • What is the current median salary increase?
  • Are companies running merit cycles at all?

We’ve covered all of these, and more, in this guide with our partner Alpine Rewards, so that you can see how you compare to what's happening in the market.