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Lab651 Process

Admin Annual Salary Actions

ANNUAL REVIEWS AND SALARY ACTIONS FOR NON-DEVELOPERS

  • All employee salary actions are implemented in January regardless of start date
  • Employees who have less than 180 as of January will be reviewed on their employment anniversary for year one and then annualy in January

STEPS

  1. BY DECEMBER 15th, Create a “202x Admin Salary Actions” Folder in the Employee Files Folder
    1. Make sure access is restricted
  2. BY DECEMBER 31st, COO schedule a planning session with the CEO to work out total allocation for the coming year
  3. Copy the previous years Admin Salary change worksheet into the newly created folder and allocate the amounts per discussion with CEO
  4. BY JANUARY 15th, Schedule a planning session with the CEO to review the actual actions to be implemented and the monthly and annual change from current
  5. BY JANUARY 15th, Create an “Salary Action_Month_Year” Folder inside each Employee folder receiving a salary change
  6. Copy this Salary Action template to each Employee Folder and customize per the final spreadsheet
  7. Create .pdf’s of the notification letters
  8. Send Action Spreadsheet and all action letter pdf’s to kara.snider@lab651.com copying the COO
  9. Salary actions for COO to be sent for CEO signature
  10. Kara will send the letters via docusign and make the payroll changes effective January 1.
Section titled “Related”