Compensation Cycle for Managers
Welcome to Smart Compensation, Managers!
As a manager, you'll handle completing the compensation allocation process for your direct reports. If you are a manager of managers, you'll also review your team managers' tasks. Here’s what you’ll be responsible for:
- Allocate compensation
- Review team managers' tasks (if you are a manager of managers)
- Download pay letters
- Prepare for pay conversations
Compensation Cycle Workflow
Dive into the fundamentals of each stage in the compensation cycle.
Allocate Compensation
Learn how to complete your compensation allocation tasks.
Review Your Team Managers' Tasks
As a manager of managers, review the tasks assigned to the managers on your team to ensure they're progressing and completed on time.
Communicate Compensation Decisions
After the cycle is closed, communicate your compensation decisions to employees.