Merit increase

Merit increase,

Definition of Merit increase:

  1. Higher wage rate paid to an employee on the basis of an agreed upon criteria such as efficiency and performance. Also called merit bonus.

How to use Merit increase in a sentence?

  1. I received a five percent merit increase at work in 2014 because my performance was off the charts for the year.
  2. I told him that he would get a merit increase because he was doing such a great job on the floor.
  3. The merit increase was well received by the entire department so competition was fierce during the following month after incentivizing everyone.

Meaning of Merit increase & Merit increase Definition