Frequently Asked Questions (FAQs) from Managers ...

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Corporate compensation January 2015 Frequently Asked Questions (FAQs) from Managers : compensation plannning and total compensation Discussions 1 Intended for management use only. Part 1: Merit Increase Planning What is a Merit Increase & who is eligible to receive annual merit increases? All Salaried Exempt & Salaried Non-Exempt employees will have a performance review and will be eligible for annual merit increases (if hired before 12/31 of the plan year). Merit increases are performance-driven, annual increases that are planned for during compensation Planning and are intended to reward employees for their performance during the last year. These differ from our annual structure increases for hourly employees. Hourly employees receive an annual increase (structure increase) at the end of the calendar year and this is reflected on their first paycheck of the new year. Performance is not factored into structure increases.

Compensation Plannning and Total Compensation Discussions 1 Intended for management use only. ... Compensation Plannning and Total Compensation Discussions 3 Intended for management use only. Part 3: Stock Option Planning ... Frequently Asked Questions (FAQs) from Managers: ...

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