The chart below outlines some of the key issues to condiser in making adjustments to base pay. Other factors may aris that are unique to the individual situation. Increase Amounts Within the Above Recommended Guideline Ranges Larger Pay Adjustment Smaller Pay Adjustment New position requires a new set of knowledge, skills and abilities. New position requires essentially the same set of knowledge, skills and abilities. Performance is above or well above expectations.
Relevant credentials are greater than desired qualifications for the job.
Relevant credentials are less than the desired qualifications for the job. New job has high local value. New job has average or low local value. Current salary is below external market. Current salary is at or above external market.