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 Table of contents 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. 19 – Dec. 3 (estimated) Comp Tool open: directors enter merit increases and variable pay awards. Dec. 3 Last day for directors to enter merit increases and variable pay awards in Comp Tool. Jan. 1, 2021 Effective date for merit increases. Jan. 8 Merit compensation notices and High Performance Incentive Plan variable pay compensation notices available to managers. Jan. 8 – Jan. 15, 2021 Manager/employee compensation discussion. 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. 1, 2021 Management Incentive Plan compensation notices available to managers. Feb. 15, 2021 Management Incentive Plan compensation notices automatically released to eligible managers. Feb. 18, 2021 Payout date for Management Incentive Plan variable pay awards. Back to top chevron-up Resources You will need access to Sandia’s internal web in order to view these resources. Manager resources are locked down to specific metagroups. Manager Resources minus plus What’s New for 2020 Compensation Review Handbook Special Considerations Quick Guide for HRBPs and Directors: FY20 Comp Review Process for HRBPs and Directors Comp Tool Approvers Quick Guide Reviewing Variable Pay Adjustments Quick Guide for Level 1 and Level 2 Managers – Viewing Recommendations Merit Matrix & Variable Pay Quick Guide for Management Variable Pay Plans webpage High Performance Incentive Plan Overview Management Incentive Plan Overview Employee Resources minus plus Merit Matrix Quick Guide for Employees Variable Pay Plans webpage High Performance Incentive Plan Overview Back to top chevron-up Check out the key dates for performance management 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.