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Get the free Merit Increase Program - Penn HR - University of Pennsylvania

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UNIVERSITY OF PENNSYLVANIA FACULTY/STAFF MERIT INCREASE PROGRAM FY 2024I.MERIT INCREASE PROGRAM Page 1II.FUNDING PARAMETERS1III.FACULTY INCREASE GUIDELINES1IV.STAFF INCREASE GUIDELINES21. 2. 3. 4.
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How to fill out merit increase program

01
Review the criteria and guidelines for the merit increase program.
02
Gather necessary documentation such as performance reviews and goal achievements.
03
Complete the merit increase form with accurate information.
04
Submit the form to the appropriate department or individual for approval.
05
Follow up on the status of your merit increase request.

Who needs merit increase program?

01
Employees who have demonstrated exceptional performance and deserve to be rewarded.
02
Managers who want to incentivize and retain top talent within their team.
03
Organizations looking to recognize and motivate their employees for their contributions.
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A merit increase program is a system or process implemented by an organization to reward employees based on their performance and achievements.
Typically, HR department or management team is responsible for implementing and filing the merit increase program.
To fill out a merit increase program, managers must assess employee performance, determine appropriate merit increases, and document the details in the designated form or system.
The purpose of a merit increase program is to recognize and reward employees for their hard work, dedication, and contributions to the organization.
Information such as employee name, department, current salary, proposed merit increase amount, reason for increase, and manager's signature must be reported on the merit increase program.
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