This field provides a live update regarding the budget you’ve been allotted for your direct reports merit increase and how much of that budget you’ve allocated to your team. This is an important field to monitor as your are allocating your increases to ensure that you are utilizing your budget effectively. It should be noted that, in addition to the Merit Amount driving the Total Merit Allocated value, your company may have also configured the application such that Other Amount and/or Lump Sum Amount may also be deducted from the Total Merit Allocated.
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