A metric within the Rewards story chapter.
Definition
Average Raise Percentage shows the average percentage of salary increases/decreases within a specific time frame.
Insight to
It provides an insight into the rate of salaries growth in your organization and headcount cost increase. It can be used for salary forecasting and benchmarking internally and externally as well as identifying outliers.
How we calculate this
Average Raise Percentage(T) = Sum of all salary changes (increases and decreases) at time T / Number of salary changes at time T
Source data
Extracted from HRIS
π Problem with source data? See Data Health 101 for remedies.
Available filters
Department
Location
Role
Team
π¬ Need help? Just reply with "Ask a Person" in a Support Conversation to speak with a Product Support Specialist.