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A Guide for HR Leaders Navigating Tighter Merit Budgets 1. The New Reality: Why Merit Increases Are Smaller For the past several years, many organizations got used to merit budgets in the 5–7% range. Some went higher during the compensation spike of 2021–2022. Employees noticed. They adjusted their expectations accordingly. And now those expectations have […]
Written by Mallory Vachon, PhD on May 8, 2026
By LaborIQ Editorial Team | Compensation Strategy & Market Intelligence | Last updated April 2025 1. What Is Compensation Benchmarking, and Why Does It Matter? DEFINITION COMPENSATION BENCHMARKINGCompensation benchmarking is the process of comparing an organization’s pay levels for specific roles against external market data to determine whether compensation is competitive, equitable, and aligned […]
Written by Mallory Vachon, PhD on May 8, 2026
How to Build a Framework That Scales By LaborIQ Editorial Team | Job Architecture & Compensation Design | Last updated April 2025 1. What Is Job Leveling, and Why Does It Matter? DEFINITION JOB LEVELINGJob leveling is the process of defining a consistent set of criteria (scope, complexity, impact, and required skills) that distinguish […]
Written by Mallory Vachon, PhD on May 7, 2026
