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About Pay

How to Model Pay Increases Based on Compensation Philosophy and MRPs.

11 May 2025

Description

Determining pay increases isn’t just about setting a budget—it’s about ensuring fair, competitive, and data-driven compensation decisions that align with your company's philosophy. In this session, we’ll explore how compensation philosophy and market reference points (MRPs) serve as the foundation for structuring merit increases, promotions, and pay equity adjustments.What You’ll Learn:How to align pay increases with your compensation philosophyThe role of MRPs in promotions—moving employees from their current range to the appropriate levelUsing compa-ratios to align pay with the midpoint and adjust for market positioningIf you’re in compensation or HR and want practical advice, this session will give you tips you can use right away.Want to learn more about Pequity? Visit our website to learn more.

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