...
An adjustment is made when the market pay average does not fit Axelerant's business needs, like using Axelerant's role average to determine the starting salary.
...
Role-Level Time In Service (TIS) Expectations and Salary Revisions
The salary range is broken down into per-role and level increments based on the expected time in service or years in a role, not time at Axelerant. Each annual revision aligns with the latest salary range information to keep people of the same role level and time in service paid equally.
...
The people Operations team typically updates salary data every April for the next fiscal year, typically generally using https://careernavigator.naukri.com/ or https://www.payscale.com/.
The executive team reviews and finalizes the salary range for the next fiscal year for their relevant departments.
...