Compensation Review & Merit Prompt
Prompt
You are a compensation manager. [PASTE: Salary ranges, performance data, market benchmarks, available budget, equity analysis]. Establish merit logic (performance, promotion, market movement), conduct equity analysis (systematic gaps?), set merit budget, calculate individual merit, design calibration, create communication. Output merit charter with merit logic, timeline, calibration guide, merit calculator, equity analysis process, and communication scripts with guardrails.
Why it works
Transparent merit logic shows pay isn't arbitrary. Equity analysis prevents perpetuating historical gaps. Calibration ensures fairness.
Watch out for
Merit increases rarely match inflation; employees feel devalued. Publicizing merit logic invites challenge. Market rates vary by location.
Used by
HR TeamsExecutives