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- Table of Contents
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Page Purpose
Communicate how pay raises, promotions, and performance-based dismissals are handled transparently, and in alignment with the organization’s values, principles, standards & goals.
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Why do we approach pay and promotion this way?
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What leads to my pay increase?
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How do I go about showing my value & growth?
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Promotion & Pay Raise Process
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1. Nomination
- Nomination Template:
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2. People and Ops Leadership Review
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3. Memo Preparation for Senior Leadership
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4. Senior Leadership Feedback and Decision
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5. Communication and Follow-Up
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Nomination Timeline
- Performance Recognition Identified: Identified as they arise
- Nomination Initiation: Document a case for nomination over ~60 to 90 days
- Nomination Due Diligence: ~15 to 60 days
- Decision Making: Done once every 2 months during Sr. Leadership meeting (or sooner if urgent)
- Communication: Decision (including timeline for deferrals) is communicated within 1 week of decision
P.S. This structured process ensures that promotions & pay raises are handled thoughtfully, aligning with individual contributions, organizational growth, and the company’s core values. After a promotion team member can only be nominated again after 12mo.
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