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πŸ“Š Average raise percentage
Jessie Walsh avatar
Written by Jessie Walsh
Updated over a week ago

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

πŸš‘ Problem with source data? See Data Health 101 for remedies.

Available filters

  • Department

  • Location

  • Role

  • Team


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