What is the definition of Merit increase? | Dictionary.net

MERIT INCREASE

\mˈɛɹɪt ˈɪnkɹiːs], \mˈɛɹɪt ˈɪnkɹiːs], \m_ˈɛ_ɹ_ɪ_t ˈɪ_n_k_ɹ_iː_s]\

Definitions of MERIT INCREASE

1910 - Black's Law Dictionary (2nd edition)

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Employee's higher wage rate based on efficiency and performance, examples of agreed-to criteria. Also known as merit bonus.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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