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There’s 1 pay review per year, plus an additional market check-in, performed by People Ops with your manager:
- October/November (pay review for all team members: update of benchmarks, and seniority and performance levels)
- What does a pay review look like?
- May/June (market check-in for exceptions e.g. as team members who joined too early for the pay review or who have performed exceptionally)
Promotions and pay increases can be done as part of as well as outside of the pay review cycles.
Things to consider for promotions and other pay increases:
- Values alignment
- A completely new role
- Pay increase suggestion
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- Ready for promotion, but no role available
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