Salary review
-
About Salary Review
Salary Reviews is a module inside Financial planning that lets HR, Finance and managers run a complete compensation cycle...
-
Creating a salary review cycle (for Owners)
A cycle is one round of salary review — your Q3 review, for example. As the Owner, you decide...
-
Proposing salary changes (for Managers)
If you've been added to a salary review cycle as a Manager, you propose the pay changes for your...
-
Reviewing and approving proposals (for Approvers)
When the request period ends, the cycle moves to Under review and the proposals come to you. You decide...
-
Setting up Salary Reviews permissions
A salary review cycle holds the most sensitive data in Factorial, so who sees what matters as much as...
-
Budget and guidelines in a salary review cycle
Every cycle carries a budget and a set of guidelines. The budget is what you're willing to spend; the...
-
Cycle statuses in Salary Reviews
Every salary review cycle carries a status, shown on the cycle card and at the top of the cycle...
-
How Salary Reviews connects to Performance
If you use Performance, a salary review cycle can read it. Each person in the cycle shows whether they're...
-
Finalising approved salary changes
Nothing in a salary review cycle is committed while the cycle is open. Decisions can be revisited, amounts recalibrated,...