Re: Merit Worksheet
- From
- Melissa Reyes <melissa.reyes@thekey.com>
- To
- Timothy Thomas <tt@thekey.com>
- Date
- Fri, 18 Jul 2025 17:33:45 -0700
- Folder
- INBOX
📎 image.png; image.png
--000000000000dfa672063a3d65dc Content-Type: multipart/alternative; boundary="000000000000dfa670063a3d65db" --000000000000dfa670063a3d65db Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi - do you have your completed spreadsheet you can share with me? On Wed, Jul 9, 2025 at 1:51=E2=80=AFPM Timothy Thomas wrote= : > Thanks Beth, > > I'll let you know if I have any questions. > > On Wed, Jul 9, 2025 at 4:37=E2=80=AFPM Beth Haight > wrote: > >> Hi Tim, >> >> Attached is the workbook for submitting merit increase recommendations >> for your eligible team members. Please note that this file is protected, >> and the password will be sent to you in a separate email. >> >> As a reminder, the eligible population includes Corporate and field >> employees hired on or before December 31, 2024, who have not received an >> increase since January 1, 2025, and are in good standing with the compan= y. >> >> All eligible employees will receive a minimum 2% merit increase. An >> additional discretionary pool is available for exceptional performance, >> with a cap of 8% per employee. Proration applies to employees hired afte= r >> July 1, 2024, or those who received salary increases between July 30, 20= 24, >> and January 1, 2025. >> >> *Please submit your completed spreadsheet to Melissa for review and >> approval by Wednesday, July 16.* *Melissa will then return the entire >> team's approved recommendations to me by the end of business on Wednesda= y, >> July 23.* >> >> Here are some notes and tips to help you navigate the spreadsheet: >> >> * The overall pool is displayed at the top of the worksheet in Columns R= , >> S, and T (see screenshot below). >> >> [image: image.png] >> >> * Every eligible employee has been pre-loaded with a default increase of >> 2% (refer to Columns Q and R). >> >> * If you wish to provide an additional, discretionary increase, click on >> the drop-down arrow under Column S and select any value from 0.5% to 6.0= %. >> The spreadsheet will automatically calculate the corresponding dollar va= lue >> (see screenshot below). >> >> [image: image.png] >> >> * If you award an additional discretionary increase, please add an >> explanatory comment under Column AA (=E2=80=9CComments/Justification=E2= =80=9D). >> >> * If an employee on your list leaves the company before you submit your >> workbook, please note that in Column AA, and I will remove the increase >> before we load the file. >> >> * The spreadsheet has been locked to prevent accidental data changes; >> however, you are still able to filter and sort. >> >> If you have any questions or need assistance, please let me know. >> >> Thank you, >> Beth >> >> -- >> Elizabeth Haight, CCP >> VP, Total Rewards >> *Please note my email address has changed:* >> elizabeth.haight@thekey.com >> Mobile: (949) 383-6246 >> TheKey.com >> >> > --=20 *Melissa Reyes* President of Client Services(916)743-0530 --000000000000dfa670063a3d65db Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi = - do you have your completed spreadsheet you can share with me? = On Wed, Jul 9, 2025 at 1:51=E2=80=AFPM Timothy Thomas < tt@thekey.com > wrote: Thanks Beth, I'll let you know if I have any=C2=A0questions.=C2= =A0 On Wed, Jul 9, 2025 at 4:37=E2=80=AFPM Beth Haight < elizabeth.haight@thek= ey.com > wrote: Hi Tim, Attached = is the workbook for submitting merit increase recommendations for your elig= ible team members.=C2=A0 Ple= ase note that this file is protected, and the password will be sent to you = in a separate email. As a reminder, the eli= gible population includes Corporate and field employees hired on or before = December 31, 2024, who have not received an increase since January 1, 2025,= and are in good standing with the company. All el= igible employees will receive a minimum 2% merit increase. An additional di= scretionary pool is available for exceptional performance, with a cap of 8%= per employee. Proration applies to employees hired after July 1, 2024, or = those who received salary increases between July 30, 2024, and January 1, 2= 025. Please submit your completed spreadsheet to Melissa= for review and approval by Wednesday, July 16. =C2=A0 Melissa will th= en return the=C2=A0entire team's approved recommendations to me by the = end of business on Wednesday, July 23. = Here are some notes and tips to help you navigate the spreadsheet: * The overall pool is displayed at the top of the workshee= t in Columns R, S, and T (see screenshot below). = * Every eligible employee has been pre-loaded with a de= fault increase of 2% (refer to Columns Q and R). *= If you wish to provide an additional, discretionary increase, click on the= drop-down arrow under Column S and select any value from 0.5% to 6.0%. The= spreadsheet will automatically calculate the corresponding dollar value (s= ee screenshot below). * If you award an additional discretionary increase, please add an expl= anatory comment unde