The Budget page displays dynamic charts to help you track budget and spend for each of the pay types included in your compensation cycle.
The Equity budget section will populate if the compensation cycle includes equity refresh grants or promotion equity grants.
Before you start
- The Budget page is based on the overall cycle's budget. The Spend column reflects the sum of actual recommendations that have been submitted by recommenders and approvers.
- The Budget page includes a Budget distribution chart that shows the budget breakdown by the three existing categories: raise guidance, distributed, and remaining budget.
- If the distribution ever goes over budget, Lattice will notify you via a callout, however, being over budget will not stop the cycle from running. To prevent going over, adjust your total or distributed budget using the steps below.
Adjust budget in an active cycle
- Navigate to Admin > Compensation > Compensation Cycle.
- Select View Progress to enter the desired cycle.
- Under Manage Cycle, enter the Budget and currency page.
- Expand the Equity budget section.
Refresh shares
The Refresh shares row tracks budget and spend on equity refresh shares.
- Next to Refresh shares, select Upload changes.
- Download the equity refresh CSV template.
- Update the Number of shares column with updated values.
- (Optional) Update any other columns related to the equity grant. Any data updated here will be visible in the employee share-out statement sent to employees at the end of a cycle. Columns after Number of shares can be left blank.
- Upload the updated CSV.
- Select Save.
Promotion Shares
The Promotion shares row tracks budget and spend on promotion equity shares.
- Next to Promotion shares, select Upload guidance.
- Download the promotion equity CSV template.
- Update the Number of shares column with updated values.
- (Optional) Update any other columns related to the equity grant. Any data updated here will be visible in the employee share-out statement sent to employees at the end of a cycle. Columns after Number of shares can be left blank.
- Upload the updated CSV.
- Select Save.