*

Log In
Create Account

Article:

How the Economy May Affect Your Salary in 2009

Increased focus on performance

Employers will need to get more from every merit dollar spent and make sure that top performers are adequately rewarded. They will need to differentiate more between levels of performance when considering performance-based merit increases and be able to explain these decisions come review time. It is likely that good performers may get less of an increase than expected so that the top performers can be appropriately rewarded. Good performers near the top of their salary range may see no increase at all.

This all means that it is important for you to discuss expectations for the coming year with your manager to make sure that you both know what your goals are for the coming year and how your achievement of those goals will be measured and assessed. Find out where your salary falls in your current pay range and ask how that affects the amount of increase you may be eligible to receive. For more tips on salary negotiation read our article Get the Raise You Want.

 

  • Salary.com

    is always looking for talented writers. Think you have what it takes? Drop us an email at salarytalk [at] salary.com. Read more...