Activates April 1, 2022, with the first updated salary appraisal being May 1, 2022.
Salary appraisals occur during the team member’s anniversary month AKA join month. For example, Bob joined Axelerant on February 3, 2020; a salary appraisal happens every February.
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Role Level | Base Appraisal % |
|---|---|
L1 | 8% |
L2 | 7% |
L3 | 6% |
L4 | 5% |
L5 | 4% |
L6 | 3% |
L7 | 2% |
M1 | 4% |
M2+ | 2% |
Appraisal raise percentages are determined based on Axelerant’s financial health and priorities during the last quarter of each fiscal year.
Role Tiers
Role tiers are meant to recognize the demonstrated capability level of a role. They modify the average salary value for a suggested salary—more at Role Tiers.
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