Comp Cycles That Are Fair and Funded
Run merit and promotion rounds on a real budget, informed by performance and bands, with pay-equity checks built in - so every raise is justified and every dollar accounted for.
What the comp cycle covers
Fintra runs the compensation review cycle end to end: a budget managers plan against, salary bands that guide ranges, performance inputs from reviews, and pay-equity checks that flag disparities before decisions lock. The result is comp that’s fair, within budget, and fully auditable.
- Budget-bound merit and promotion planning
- Salary bands to guide fair ranges
- Performance inputs pulled from reviews
- Pay-equity checks before decisions finalize
How a cycle runs
Comp cycle stages
- 1
Set budget & bands
Define the merit budget and bands for the cycle.
- 2
Manager proposals
Managers propose increases within budget and band guidance.
- 3
Equity check
Pay-equity analysis flags disparities to fix before approval.
- 4
Approve
Leaders approve within budget; exceptions are documented.
- 5
Apply
Approved comp flows to the employee record and payroll.
Equity built into the decision
Connected end to end
- Performance-review outcomes feed proposals
- Pay-equity analysis runs on the same data
- Approved comp posts to payroll and total comp
Frequently asked questions
How does the comp cycle stay on budget?
Managers propose increases against a defined merit budget with band guidance, and approvals are bound to that budget with documented exceptions. You never discover you’ve over-committed after the fact.
Does it check for pay equity?
Yes - pay-equity analysis runs inside the cycle, flagging disparities before decisions lock so you can correct them as you go. That’s more effective than an annual audit that finds gaps after they’ve compounded.
Where do performance inputs come from?
Directly from the performance-review cycle, so merit and promotion proposals are grounded in documented performance rather than assembled separately from ratings.
What happens after approval?
Approved compensation posts to the employee record and payroll and rolls into total compensation, so the decision, the paycheck, and the comp statement all stay consistent.
Stay in the loop
One practical finance briefing a week - new guides, checklists, and benchmarks.
Run comp that’s fair and funded
Start free, no card required. Plan merit cycles on budget with pay-equity checks built in.
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