✨ Link to further information about how to run a promotion event for your team ✨
Salary increase process:
Review the salary band for the new level
The salary bands are bell curves, in your team you’d expect to see the bulk of the spread of salaries fall between the 30th%-60th% in the band, with a small smaller subset of people being paid at the bottom and top end of the banding
When someone moves into a new level, you should be aiming at a salary under the 25th%
Before suggesting a new salary to HR, you should cross reference the figure against existing team members at that same level, to avoid unintentionally creating gender pay gaps
You’re expected to stay and progress within a level for a number of years, it is not a year-on-year level promotion structure
Before any communication to the employee confirming a promotion:
Promotions must go through the promotion review process, then to your head of department for sign-off
Promotions need final review from Head of People and CEO
Promotion can also be accompanied by an equity top-up, if appropriate - speak to HR about this