AEGON UK: Merit rises from 4% pot
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Pay award: 4% merit budget Employees covered (nos.): UK staff (4,500) Effective date: 1 January
2005 |
Life, pensions and investment company AEGON UK has awarded its 4,500 UK employees all-merit increases from a 4% pot, effective from 1 January 2005. The increases for individual employees ranged from nil to 20% and were determined by a combination of individual performance, competence and position against target rate for the role.
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