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Commit 067fdc08 authored by Joan Parrow's avatar Joan Parrow
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Merge branch 'evn-fix-cola-language' into 'master'

Fix to language around why we don't use cost of living adjustment

See merge request !5741
parents e7674f37 514c07a4
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1 merge request!5741Fix to language around why we don't use cost of living adjustment
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@@ -55,7 +55,7 @@ through TriNet, and they can access their pay slips through the [TriNet portal](
{: #performance-based-increase-plan}
 
 
Cost of living adjustments (COLA) encourage participation, generate mediocrity and lead to the disengagement of high performers, while performance-based (merit) increases reward results and motivate continued development and higher achievements.
Cost of living adjustments (COLA) emphasize participation over accountability, generate mediocrity, and lead to the disengagement of high performers, while performance-based (merit) increases reward results and motivate continued development and higher achievements.
 
The following performance-based increase guidelines are intended to ensure a fair distribution of the merit budget based on each individual’s 2016 overall performance.
 
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@@ -77,7 +77,7 @@ Increases will be effective with global pay cycles in May for all eligible team
- Individuals who received an adjustment (increase to bring them into experience range) based on the compensation calculator are eligible.
 
- Individuals in a temporary role are **not** eligible.
- Individuals who received a promotion or transfer to a new position with an increase on or after July 1, 2016 are **not** eligible.
- Individuals who received a promotion or transfer to a new position with an increase on or after October 1, 2016 are **not** eligible.
- Individuals who are not eligible for the 2017 merit increase plan will be eligible for the 2018 merit increase plan.
 
### Proration
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@@ -138,18 +138,17 @@ Increases will be effective with global pay cycles in May for all eligible team
- Will be reviewed by the division Executive together with the CFO, CEO and Sr. Director of People Ops for final approval.
 
 
### Key Deadlines
### Key Deliverables and Deadlines Ahead
 
 
- MRs to handbook and explanation on Team call - Tuesday, April 11th
- Topic included in Functional Group Update - Wednesday, April 12th
- 2016 [performance reviews](/handbook/people-operations/performance-reviews/) completed for anyone who is eligible for a merit increase - Wednesday, April 19th
- Merit increase worksheets distributed to managers on or before - Friday, April 21st
- Managers complete merit increase recommendations by end of their day - Wednesday, April 27th
- Managers review worksheets with their manager - Wednesday, April 27th
- People Ops audit manager worksheets - Monday, May 1st
- Executive review and approve/edit manager worksheets - Wednesday, May 3rd
- Increase details shared with Finance - Thursday, May 4th
- 2016 Self and Manager [performance reviews](/handbook/people-operations/performance-reviews/) completed for anyone who is eligible for a merit increase
- People Ops downloads Overall Performance Ratings from Lattice and uploads to Manager worksheets
- Merit increase worksheets distributed to managers
- Managers review merit increase guidelines and merit pool distribution
- Managers review performance ratings and merit distribution with their manager
- People Ops audit manager worksheets
- Executive review and approve/edit manager worksheets
- Increase details shared with Finance
- Increase details uploaded to TriNet - Friday, May 5th
- Increase details passed to all international payroll providers - Friday, May 5th
- Final pre payroll processing audit (People Ops and Finance) - Monday, May 8th
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@@ -97,7 +97,7 @@ In cases where below average performance is identified, you should plan to deliv
 
**Q: Why link performance to the increase process?**
 
**A:** Cost of living adjustments (COLA) encourage participation, generate mediocrity and lead to the disengagement of high performers, while performance-based (merit) increases reward results and motivate continued development and higher achievements.
**A:** Cost of living adjustments (COLA) do not encourage participation, generate mediocrity, and lead to the disengagement of high performers, while performance-based (merit) increases reward results and motivate continued development and higher achievements.
 
**Q: When will we hear about 2017 [merit increases](/handbook/people-operations/global-compensation/#performance-based-increase-plan)?**
 
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