As a new HR manager, how can I effectively justify an 8% salary increment to a manager during performance reviews? What key points should I emphasize to convince them?
From India, Bengaluru
From India, Bengaluru
Normally, the increase would be on the basis of a bell curve fitted based on performance. There will be a standard rate for those whose performance has been rated "exceeds expectation", 'meeting the expectations" and " below the expectations". The overall salary increase will be decided based on the growth of the company. If the standard rate of increase is 15%, 8% and 5% respectively, then what is the issue? If your performance evaluation has been transparent, there should not have any issue and it is the responsibility of the HR Manager to communicate to others of their rating based on different parameters. You should tell him that you have met the expectations but above the expectations and that is why 8% increase has been given.
From India, Kannur
4243From India, Kannur
Hi,
Highlight their accomplishments and contributions to the company: Emphasize the manager's achievements and the impact they have had on the company's success. Highlight specific projects, initiatives, or improvements they have led that have positively impacted the organization.
Show market research and bench-marking data: Present market research and bench-marking data to demonstrate that the manager's current salary is below the industry standard for their role and level of experience. This will show that the proposed salary increase is in line with market trends and is necessary to retain top talent.
Discuss their leadership and team management skills: Highlight the manager's effective leadership and team management skills, and how they have positively influenced their team's performance and productivity. Discuss any specific instances where their leadership has resulted in successful outcomes for the team and the company.
Discuss their commitment and dedication: Emphasize the manager's commitment and dedication to their role and the company. Discuss their willingness to go above and beyond to achieve results and their strong work ethic.
Discuss their potential for future growth: Talk about the manager's potential for future growth within the company and how the salary increment will motivate and incentivize them to continue performing at a high level. Discuss any future opportunities for advancement or additional responsibilities that the manager may be considered for.
Discuss the impact of the salary increment on retention and morale: Emphasize how the salary increment will positively impact the manager's retention and morale, and how it will contribute to a positive work environment and culture within the organization.
By emphasizing these key points, you can effectively justify the 8% salary increment to the manager during performance reviews and convince them of the value they bring to the company.
Regards,
From India, Bangalore
Highlight their accomplishments and contributions to the company: Emphasize the manager's achievements and the impact they have had on the company's success. Highlight specific projects, initiatives, or improvements they have led that have positively impacted the organization.
Show market research and bench-marking data: Present market research and bench-marking data to demonstrate that the manager's current salary is below the industry standard for their role and level of experience. This will show that the proposed salary increase is in line with market trends and is necessary to retain top talent.
Discuss their leadership and team management skills: Highlight the manager's effective leadership and team management skills, and how they have positively influenced their team's performance and productivity. Discuss any specific instances where their leadership has resulted in successful outcomes for the team and the company.
Discuss their commitment and dedication: Emphasize the manager's commitment and dedication to their role and the company. Discuss their willingness to go above and beyond to achieve results and their strong work ethic.
Discuss their potential for future growth: Talk about the manager's potential for future growth within the company and how the salary increment will motivate and incentivize them to continue performing at a high level. Discuss any future opportunities for advancement or additional responsibilities that the manager may be considered for.
Discuss the impact of the salary increment on retention and morale: Emphasize how the salary increment will positively impact the manager's retention and morale, and how it will contribute to a positive work environment and culture within the organization.
By emphasizing these key points, you can effectively justify the 8% salary increment to the manager during performance reviews and convince them of the value they bring to the company.
Regards,
From India, Bangalore
I do not think anyone who is not closely connected with your organisation and who has not seen the performance reviews will be able to tell you how to justify the 8% increase.
Instead you need to speak to the reviewer who decided that this manager will get 8% and understand why. you probably will do well to focus on improvement you expect from him more than the faults of the past. You can also speak to your CEO and find out the industry status, profitability impact, etc that may have affected their ability to give higher raises
From India, Mumbai
Instead you need to speak to the reviewer who decided that this manager will get 8% and understand why. you probably will do well to focus on improvement you expect from him more than the faults of the past. You can also speak to your CEO and find out the industry status, profitability impact, etc that may have affected their ability to give higher raises
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.