Compensation Reviews

Compensation reviews are regular assessments companies conduct to evaluate and adjust employees' pay. These reviews consider factors like job performance, market salary trends, and company budget. The goal is to ensure employees are fairly compensated for their work, skills, and contributions. During these reviews, employees may receive raises, bonuses, or other benefits to reflect their performance and market standards. Overall, compensation reviews help maintain employee motivation, ensure pay competitiveness, and support organizational fairness and retention.