What is Salary Review? | Meaning & Definition | Akrivia HCM

Salary review is a process by which employers pay particular attention to their employees’ wages on an annual basis. The purpose of salary reviews is to determine whether there are any disparities among employees for similar jobs and alleviate any perceived imbalance. While salary reviews obey as morale boosters by managing workers to see their achievements recognized, employers can also use them to identify lacks in their business operations, such as areas where staffing changes may be needed or where general compensation practices need updating.

Let’s Recruit, Reward, and Retain
Your Workforce Together!

Request a Demo
Request a demo image