Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
January 28, 2010
Pros, Cons of Changing Performance Appraisals and Raise Schedules

In a BLR webinar entitled "Where's My Raise? How to Handle Tough Pay Conversations With Employees," Theresa Murphy of HR Partner Advantage and David Wudkyka of Westminster Associates reported that some U.S. employers are considering a change in their schedules for issuing performance appraisals and raises. By delaying reviews and raises past their normal annual time frames, they believe, economic conditions may improve to the point that they can issue higher-than-expected raises to their employees.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

For example, instead of offering its usual midsummer appraisals and pay raises tied to the July-June fiscal year calendar, an organization might consider delaying those events until November or December and tell workers the reason for the delay.

You should proceed with caution if you're considering changing the traditional time frame for your reviews and raises, however. Many workers may not appreciate the delay, arguing that they deserve whatever raises you can offer at the usual review times. Also, you risk the appearance of being inconsistent in your compensation policies, and you could face negative fallout if you arrive at the new raise time only to discover the economy hasn't improved substantially.

Theresa Murphy is the principal consultant for HR Partner Advantage, an independent human resources advisory firm based in Raleigh, N.C. She may be contacted at David Wudyka is the founder and managing principal of Westminster Associates, a Massachusetts-based human resource and compensation firm that specializes in pay, performance and productivity issues. He may be contacted at .

Featured Free Resource:
Cost Per Hire Calculator
Twitter  Facebook  Linked In
Follow Us
Copyright © 2017 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: