Annual Compensation Review

What you need to know

Sandia’s annual compensation review takes place after year-end performance management reviews.

Managers review base salary and variable pay based on your 9-Block rating, and then make compensation recommendations for your merit increase and variable pay award for the year.

Recommendations and final increases and awards must fit within the annual salary budget guidelines from the Department of Energy (DOE).

2021 Compensation Review Cycle

Managers will have write access to the Comp Tool for the 2021 Compensation Review Cycle. The Comp Tool will continue to pre-load the merit and variable pay recommendations as it did last year. Process specific guidance and principles for the 2021 Compensation Review Cycle will be provided during the manager training sessions scheduled in October; see dates in the recent Leaderwire. Management is highly encouraged to attend one of the three sessions offered.

The manager training sessions will not be recorded and we will not be offering a make-up session. If you are unable to attend one of the three sessions offered, we encourage you to send a delegate or follow-up with your HRBP for any questions you may have regarding the Compensation Review process. The training presentation will be available here after the trainings have concluded.

Key Dates

Below are the key dates for 2021.

Date	Activity
Sept. 1	Freeze date for performance and compensation. New employees hired on or after this date are not included in the FY21 performance and compensation cycle.
Nov. 8 – Dec. 1 (estimated)	Comp Tool open: managers enter merit increases and variable pay awards.
Dec. 1	Last day for managers to enter merit increases and variable pay awards in the Comp Tool.
Dec. 31	Effective date for merit increases.
Jan. 7, 2022	Merit compensation notices and High Performance Incentive Plan variable pay compensation notices available to managers.
Jan. 7 – Jan. 14, 2022	Manager/employee merit and High Performance Incentive Plan variable pay compensation discussion.
Jan. 17, 2022	Compensation notices released to employees.
Jan. 20, 2022	Payout date for employee merit increases and High Performance Incentive Plan variable pay awards. To receive the payment, employees must be active, on-roll, and in an eligible, non-represented position on the last day of the pay period, Jan. 13.
Late Jan. 2022	Management Incentive Plan compensation notices available to managers.
Early Feb. 2022	Management Incentive Plan compensation notices automatically released to eligible managers.
Feb. 17, 2022	Payout date for Management Incentive Plan variable pay awards. To receive the payment, employees must be active, on-roll, and in an eligible, non-represented position on the last day of the pay period, Feb. 10.