{"id":4924,"date":"2022-01-07T13:27:13","date_gmt":"2022-01-07T13:27:13","guid":{"rendered":"http:\/\/43.204.200.242\/hr-glossary\/merit-increase\/"},"modified":"2022-03-31T16:42:10","modified_gmt":"2022-03-31T11:12:10","slug":"merit-increase","status":"publish","type":"hr-glossary","link":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/merit-increase","title":{"rendered":"Merit increase"},"content":{"rendered":"

A merit increase is a raise of a salary given to an employee based on their performance and contributions to the company. Many companies offer merit increases to reward employees for their hard work, sometimes in conjunction with performance reviews.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-4924","hr-glossary","type-hr-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nWhat is Merit Increase? | Meaning & Definition | HR Glossary<\/title>\n<meta name=\"description\" content=\"The merit increase is the hike in salary awarded to employees as a reward for their hard work and good performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/merit-increase\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merit increase\" \/>\n<meta property=\"og:description\" content=\"The merit increase is the hike in salary awarded to employees as a reward for their hard work and good performance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/merit-increase\" \/>\n<meta property=\"og:site_name\" content=\"Akrivia HCM\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AkriviaHCM\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-31T11:12:10+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@AkriviaHCM\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/merit-increase\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/merit-increase\",\"name\":\"What is Merit Increase? 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