What you need to know
Sandia’s annual compensation review takes place after year-end performance management reviews.
Managers review merit and variable pay recommendations and may modify as needed.
Recommendations and final increases and awards must fit within the annual salary budget guidelines from the Department of Energy (DOE).
About the 2023 Annual Compensation Review Cycle
Managers have access to the Comp Tool for the annual compensation review period and should review their direct reports’ pre-loaded merit and variable pay recommendations. Refer to the Managers Guide to Reviewing and Completing Compensation Recommendations for details and instructions (Note, this document is available to managers only).
Key Dates for 2023 and Required Actions
These dates are subject to change; return to this page to stay informed about what’s happening and when. The timeline below reflects information for regular, non-represented employees.
Date | What’s Happening | Required Action |
---|---|---|
Sept. 1, 2023 | Performance management and compensation file freeze. | Active employees in regular, non-represented jobs on this date will be included in the review. Job title and rating determines eligibility for merit and variable pay rewards. |
Dec. 4 through 1 p.m. MST/noon PST Dec. 15, 2023 | Comp Tool Opens. Guidance for merit and variable pay made available. | Compensation review meetings tentatively scheduled. Managers make final compensation decisions in the Comp Tool. |
Dec. 29, 2023 | Merit increases are effective with the start of the pay period. | |
Jan. 5, 2024 | Employee compensation notices for merit and variable pay awards (High-Performance Incentive Plan and Manager Incentive Plan) available for review and release by managers. Managers will continue to receive two separate notices, one for merit and one for MIP. | Managers should discuss compensation results with eligible employees by Jan. 12. |
Jan. 15, 2024 | Compensation notices released by system to all eligible employees. | |
Jan. 18, 2024 | Merit and variable pay awards (HPIP and MIP) paid. Employees must be active, on-roll and in an eligible, non-represented position on Jan. 11. |
See Non-Represented Performance Management for key dates related to that process.
Resources
Check out the links below to learn more about your compensation opportunity and the annual compensation review process. You need access to Sandia’s internal web to view these resources. Also note, manager resources are available for review by managers only.
2023 – Manager Training Recorded Session
2023 – Manager Training Presentation (PowerPoint)
Managers Guide to Reviewing and Completing Compensation Recommendations
Sandia Merit and Management Incentive Plan (MIP) Summary for Sandia Managers
Sandia Merit and High Performance Incentive Plan (HPIP) Summary for Sandia Employees
Sandia Merit and High Performance Incentive Plan (HPIP) Summary for Sandia Employees
Questions? Send questions to HR Solutions. Request a chat or call 505-284-4700.
Questions? Send an email to compensation@sandia.gov or contact your Human Resources Business Partner.
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Quick Tip
Managers take note!
Go to manager resources for the tools you need to make your annual compensation recommendations, and complete the process through Sandia’s CompTool.