Discuss the different rationales for salary increases

Salary increases are important to all employees, and there are varieties of philosophies that can be used, individually or together, as justification. Discuss the different rationales for salary increases (e.g., time-in-service or seniority increases, often referred to as step increases). What are the philosophical advantages/disadvantages (e.g., stimulate loyalty/demotivate creativity) related to the use of different types of salary increases?

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