Proposing changes

You can propose changes to an employee’s compensation by editing the values in the yellow columns of the reviewer workbook table. 

Depending on how your company has configured compensation reviews, the editable columns may be:

• prepopulated with suggested base change or raise amounts, or
• display with guideline columns next to them with target values and/or ranges.

Your company takes into account various factors (for example, employee performance, location, changes in cost of living, length of time since last promotion) and uses those to calculate and suggest a suggested raise amount (or guideline) for each eligible employee.

When the editable columns contain suggested raise amounts, you can:

1. Review the suggested base change/raise amounts for each employee.
2. (Optional) Make changes to the amounts by:
   • Selecting a cell in the table and editing the value.  
   • All editable fields in the table update automatically based on the numbers you enter.
   • The budget allocations and raise percentages update to reflect your changes. Budget allocations are pre-determined and set up by your compensation review admin. 
   • Any changes you make to the suggested compensation change get added to the total spend of the compensation review.
3. Your changes are saved automatically in the table.

When the editable columns are blank, you can:

1. Review the suggested guidelines to see the suggested target value or suggested range. 
2. Propose a compensation change by:
   • Selecting a blank editable cell in the table and entering a value.  
   • All editable fields in the table update automatically based on the numbers you enter.
   • The budget allocations and raise percentages update to reflect your changes. Budget allocations are pre-determined and set up by your compensation review admin. 
   • The difference between what you enter and the established guidelines for that compensation change get added to the total spend of the compensation review.
3. Your changes are saved automatically in the table.

ChartHop empowers you to make the best decisions for your employees, so you do have the ability to bypass the suggested guidelines or suggested amounts for an employee for special circumstances.

When you enter a raise amount or base change that exceeds the suggested guidelines calculated by your company, a flag icon can display next to the amount in the table (depending on the configuration of your compensation review).

Hovering over the cell displays a tooltip with more information about the suggested guideline for that field, so you can see why the amount was flagged.

You can also add a comment to enter reasons for the exception by selecting the Comment icon next to the employee’s name.

After you’ve finished reviewing and editing compensation, you can view changes in employee compa ratio by selecting the Visualize compa ratios link at the top of the reviewer workbook table.

The chart displays changes in compa ratios based on the compensation changes you proposed. The arrows point to the direction in which the compa ratio changed. You can hover over the indicators on the chart to display a tooltip with detailed information about the compa ratio values.