Lønjustering

Lønjustering refers to the process of adjusting an employee's salary. This can occur for various reasons, including cost-of-living increases, performance-based raises, changes in job responsibilities, or to ensure compensation remains competitive within the market. In many countries, there are legal requirements or collective bargaining agreements that dictate the frequency and methodology of salary adjustments.

Cost-of-living adjustments, often referred to as COLAs, are typically tied to inflation rates to maintain an employee's purchasing power. Performance-based raises are awarded based on an individual's achievements, contributions, and overall effectiveness in their role. These are often linked to performance reviews and appraisals.

Changes in job responsibilities might necessitate a lønjustering if the scope of the role expands or if the employee takes on a higher-level position. Market adjustments are made to align an employee's salary with prevailing industry standards for similar roles, ensuring the company can attract and retain talent.

The process of lønjustering can be initiated by an employer, a union representing employees, or sometimes through individual negotiation. It is a common practice in human resource management and labor relations, playing a significant role in employee motivation, retention, and overall organizational financial planning.