Re: Merit Increases

From
Will Reid <wreid@thekey.com>
To
Timothy Thomas <tt@thekey.com>
CC
Steve Sudberry <ssudberry@thekey.com>
Date
Thu, 10 Jul 2025 11:56:01 -0400
Folder
INBOX
--0000000000008f4e1b0639953b85 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable We opted out from the beginning. We still manage these based on their actual start date anniversary or promotion date. Glad to see there=E2=80=99= s some flexibility in increases. They were stuck on 4% max for a while. Thanks *Will Reid* Partner | TheKey Mobile: 513.707.2304 On Thu, Jul 10, 2025 at 11:51=E2=80=AFAM Timothy Thomas wro= te: > Hi Will and Steve, > > I sent this message to your GMs earlier today by virtue of the midwest > leadership email group (It slipped my mind that they were a member of > this distribution). I realize you may wish to opt out but I wanted to loo= p > you in. Let me know how you would like to proceed. > > Thanks! > > Dear Team, > > It is time to determine the upcoming merit increases for our team members= . > > By default, all eligible team members will receive a 2% merit increase. > However, we do have the flexibility to award increases up to a maximum of > 8%, based on individual contributions and overall performance. > > To give you a framework for planning, our total merit pool allows us to > provide an average increase of approximately 4% across the team. You may > choose to allocate these funds proportionately or vary increases accordin= g > to merit, as long as the overall budget is respected. > > Action Required: > Please provide me with a list of your employees, along with the percentag= e > increase you recommend for each individual. Kindly ensure your submission > is thoughtful and performance-based, balancing fairness with recognition = of > outstanding contribution. > > Deadline: Monday July 14th > > Should you require any assistance or clarification while preparing your > list, don=E2=80=99t hesitate to reach out. > > Thank you for your leadership and support in this important process. > > -- > > *Tim Thomas* > Head of Midwest & Canada Divisions | *TheKey* > Mobile: 514.591.9387 > [image: TheKey] > --0000000000008f4e1b0639953b85 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable We opted out from the beginning. We still manage these ba= sed on their actual start date anniversary or promotion date. Glad to see t= here=E2=80=99s some flexibility in increases. They were stuck on 4% max for= a while. Thanks Will Reid Partner | TheKe= y = Mobile: 513.707.2304 On Thu, Jul 10,= 2025 at 11:51=E2=80=AFAM Timothy Thomas &lt; tt@thekey.com &gt; wrote: Hi=C2=A0Will and Steve, I sent = this message to your GMs