Hello,
We have a business case with review period as Jan to Dec 31st of 2013 and Planning period as Jan 1st to Jan 31st of 2014 for bonus and merit. As of now we know there wouldnt be any org changes after the planning period ends and all managers will plan for their employees with 1 level up approval for planning.
We are planning on using Top down budgeting as the budget for merit and bonus have to be determined based on employee salary and also based on country wise merit increases. Is this approach recommendable?
Thank you for your time and would appreciate every single advice