Annual Compensation Review Home>Money>Compensation>Annual Compensation Review 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). Back to top chevron-up Key Dates Date Activity Sept. 1 Freeze date for performance and compensation. New employees hired after this timeframe are not included in the FY20 performance and compensation cycle. Nov. 5-19 (estimated) CompTool open: managers enter merit increases and variable pay awards. Nov. 19 (estimated) Last day for managers to enter merit increases and variable pay awards in CompTool. Dec. 18 Comp notices available to managers. Dec. 18 – Jan. 15, 2021 Manager/employee compensation discussion. Jan. 1, 2021 Effective date for merit increases. Jan. 18, 2021 Comp notices released to employees. Jan. 21, 2021 Payout date for employee merit increases and High Performance Incentive Plan variable pay awards. Feb. 18, 2021 Payout date for Management Incentive Plan variable pay awards. Back to top chevron-up 2020 compensation review key dates and resources coming soon. Also, check out the key dates for performance and compensation reviews here. Fixing your brakes … saving for a house … finishing your PhD Get help setting your budget and plan for today and tomorrow. Learn More Anchor point for link block Get More Details Base Compensation – Merit Increases Non-Base Compensation – Variable Pay Performance Management The 9-Block Assessment Tool 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.