The Budget screen is your starting point for controlling budget allocation across your organisation. You can segment your budget by location, cost centre, or a specific level of your organisation structure.
To learn how to segment your budget, watch the video or follow the steps below.
From the dashboard menu search for and select Pay Planner.
Click the Settings tab, then click Budget.
Select attributes to segment your budget by, for example, Location.
Click Add budget segment.
Select options to add to this budget segment, for example, all the locations in a specific region.
Click Next, review your selections, then click Add.
Click the three-dot menu next to the budget segment, then click Rename.
Fill in the new name, then click Save,
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 can't 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 and 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. |