The Budget Summary page is where you can view and monitor the Comp Review budget by Comp Review (e.g., Salary Budget or Equity Budget). This page is also where you go to start the Comp Review.
The Budget Summary page displays:
List of all Comp Reviewer's allocated budgets based on:
Merit increase guidelines established by country, compa-ratio, and performance (if applicable)
Eligibility criteria
Overall Salary Budget amount, the sum of the allocated merit increase, market adjustment (if applicable), and promotion increase budgets.
In the Budget Summary page you can:
Access the Comp Review Flow for a visual representation of the approval process and status
Export the Budget Summary data
Preview the Comp Review details by Comp Reviewer
Start the Comp Review process, and launch it to Comp Reviewers
Once the Comp Review has started, the Admin is able to monitor budget usage (i.e., how much each Comp Reviewer has gone under/over their budget), as well as the status of the Comp Review (i.e., who has not started or submitted it) from this Budget Summary page.