Salary Increment
/ˈsæləri ɪnˈkrɛmənt/
Definitions
- (n.) An increase in an employee's regular payment, usually as part of compensation adjustments.
The employee received a salary increment after her excellent performance review.
Forms
- salary increment
- salary increments
Related terms
See also
Commentary
Salary increments are typically governed by employment contracts or collective bargaining agreements and often reflect merit, inflation adjustment, or promotion.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.