The Budget screen is your starting point for controlling budget allocation across your organisation. You can segment your budget by location, cost center, or a specific level of your organisation structure.
To learn how to segment your budget watch the video or follow the steps below:
Open Pay Planner and expand the Settings tab.
Click the Budget tab.
Select attribute(s) to segment your budget by e.g. Location.
Click Add budget segment.
Select options to add to this budget segment e.g. all locations in a specific region.
Click Next and review your selections then click Add.
Expand your Budget segments 3-dot menu and click Rename.
Enter the name for the budget segment.
Repeat steps 4 to 8 for all budget segments required.
Once your segments are set, they’re automatically applied when you create a new compensation cycle.
📌Note: Once you start creating segments you will not be able to change the attributes, you're segmenting by without starting from scratch.
Select a budgeting method
When creating your compensation cycle, in the setup stage, you can select how manager budgets are calculated. There are two options to select from:
Budget Method | Description |
Uniform Budgeting | Is where each manager’s budget is based only on employee base pay. For example, if a manager has two employees one earning £50K, the other £100K, and the merit increase is 10%, the budget would be £15,000.
This method doesn’t take performance or recommendations into account, meaning managers may end up over or under budget based on actual recommendations. |
Flexible Budgeting | Uses your pay philosophy recommendations to calculate each manager’s budget. For example, a team of high performers may be allocated a larger share of the budget.
It’s a more dynamic approach but requires careful management to stay aligned with overall strategy. |