To be used in concert with a company’s salary structures. Actual merit increases are determined based on the assigned performance factor noted in the table and the employee’s position in the salary range.
Your actual percentages will most likely differ from those represented in the chart.
Rating ► Excellent (4) Exceeds Satisfactory (3) Satisfactory (2) Unsatisfactory (1)
Rating ► | 4 | 3 | 2 | 1 |
Above Midpoint | 6% | 4% | 2% | 0% |
Below Midpoint | 7% | 5% | 3% | 0% |
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.