3.0
Dec 28, 2021
Recommend
CEO approval
Business Outlook
Pros
+ Good work is rewarded with merit increases annually.
Cons
- Small size has limited opportunities for vertical movement in the past. Company growth has improved this. - Promotions may offer change in title/responsibility with no guarantee of commensurate increase in compensation. - Annual review/merit increase process is slow and not completely retroactive to EOY; feels indicative of company tendency to cut corners to its benefit where possible.