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Another approach that has replaced bell curves/normal distribution/Gaussian distribution is the Budgetary Control Approach. In this approach, a business manager is allocated a compensation budget for his/her function. He/she has the flexibility to allocate rewards in a manner that best reflects the performance of his/her teams, and subordinates, as long as they are within their compensation budget.
We have designed a budgetary control increment planner. The increment planner helps you plan the increments for your organisation based on pre-defined budgets. The planner will also highlight the overall impact on the budget due to increments and the distribution of performance ratings across the organisation.
Concept note on Budgetary Control
User Guide to help you utilise the tool