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Merit Increase Matrix

$29 Go to price and purchase

Plan merit increases around performance and salary range position. Set your matrix and enter employee details. The workbook calculates each proposed raise, the total cost, and how the plan compares with your budget.

FormatCalculator
Contents4 PDF guides, 1 Excel workbook
UseInstant download

Use the free Pay Transparency Readiness Scorecard to review your ranges, job architecture, postings, and internal equity against the jurisdictions you select. It includes seventeen questions.

$29

  • One-time purchase. Editable Excel workbook.
  • Your download link appears on the confirmation screen and in your receipt. No account needed.
  • Request a full refund within 30 days with one email.
  • Licensed for one company's internal HR use. Resale and redistribution are not permitted. Read the license.

Checkout takes place on our store at shop.truestephr.com. Any applicable sales tax appears at checkout before you pay. These files provide general HR information, not legal advice.

Need approval first?

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Ready to put your tool to work?

Add a one hour Setup Session, $149

Bring your purchased tool and the situation you are working through. A TrueStep HR practitioner will help you set the inputs, make the first decisions, and identify a practical next step.

See the Setup Session →

Where to start

Build your merit plan around your budget.

The matrix calculates proposed raises by performance rating and position in range, then totals the planned cost.

DecisionSet pay and raises
IndustryCross-industry
Files4 PDF guides, 1 Excel workbook
ReviewRead our published standard for how we develop our tools, and what we cover for their scope and limits.
Research and standardsRelated reference note: Compa-ratio and range penetration

Fit

Is this the right fit for your work?

A good fit

  • You need to set pay and raises.
  • You want an Excel workbook you can run again as your figures change.
  • You will enter your own figures and want each tab explained.

When to consider another option

  • For legal or tax advice about your result, consult a qualified adviser.
  • For help running the analysis, explore our advisory services.

What is inside

Every file in the download, by name.

Taken from the kit’s own Start Here guide, so what you see here is what you open after checkout.

PDF · readStart Here: a guide to every file and the order to use them.
PDF · printQuick Reference: the whole workbook on one page, including what each tab does, what to enter, and how to read the result.
PDF · readTrueStep HR Product License: what you may and may not do with your purchased files.
PDF · readUsing This Workbook in Google Sheets: how to upload the file and what to check afterward.
Excel · useMerit Increase Matrix: 7 tabs: Start Here, Merit Matrix, Merit Planning, Budget Scenario, Benchmark, Summary, and Notes.

How to use it

What this workbook does

Turn your merit budget into a documented plan. Set one policy grid that pairs each performance rating with an employee's position in their pay range. The workbook applies your chosen increase percentages to each employee, calculates the total cost and blended increase, and checks the plan against your available budget. Larger increases go to strong performers lower in their ranges, while lower performers or employees near the top receive smaller increases or none. This approach rewards performance and helps close pay gaps at the same time.

Your first 15 minutesOpen the Merit Increase Matrix workbook in Microsoft Excel or a free alternative such as LibreOffice. The Start Here tab walks you through the workbook. On the Merit Matrix tab, set your policy: the range-position cut points and increase percentage for each rating and band. Then open the Merit Planning tab and enter each employee's rating, current salary, and range minimum and maximum. The workbook calculates the recommended increase, new salary, and new position in range, with the total budget shown below. Enter your figures in the amber cells, and the white cells calculate the results.
Merit Increase Matrix: the Start Here guide from the download, listing every file and the order to use them.

Before you buy

Questions about your purchase

Find details about file formats, delivery, licensing, and refunds.

What exactly do I receive?

You receive 4 PDF guides and 1 Excel workbook, all named in the What is inside section above. This is a one time purchase, delivered as a download, not a subscription.

Are these the real screenshots?

Yes. The first image shows the file set, and the second and third show actual pages from the current download.

Can I use the files in my business?

Yes. You can fill in the Excel workbook for your own internal operations and read or print the PDF guides.

What if I need help applying it?

For help implementing this tool, book a one hour Setup Session for $149. For broader HR support, advisory begins with a short request and a written scope at truestephr.com/pages/advisory. For legal questions, consult qualified counsel.

How do I get the files?

Right after payment, your download link appears on the confirmation screen and again in your email receipt. All files arrive as one ZIP. No account is needed.

What do I need to open them?

You can use Excel, LibreOffice on a computer, or Google Sheets in a browser. LibreOffice and Google Sheets are free alternatives. Any PDF reader opens the guides. See download help.

What if it is not right for us?

Email support@truestephr.com within 30 days for a full refund. No form or explanation is required. The full terms are in the refund policy.

Is this legal advice?

No. It is general HR information and a working method. It is not written to any one state unless the page says so. Where a decision turns on the law, use qualified counsel. See what we cover, and what we do not.

Who may use the files?

One license covers the internal HR work of one legal entity. You may edit the files, brand them, and issue them to your employees. Consultants and groups with several entities need the extended license. See the license.

Extend the system

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