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I think the date of July is simply tied to an organization's fiscal year budget. Most organizations begin a new budget in July so it would make sense that this is the month where the spike is noticed.


Thanks for the thoughts. That answer occurred to me; however, when I look at all the many organizations that I work with only a small minority do their budgeting based on a fiscal year that begins in July. The predominance are still tied to a calendar year.

Anyone else weigh in here? Has there been a shift to a July based fiscal year that I have simply missed or overlooked?

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    Compensation consultant Ann Bares is the Managing Partner of Altura Consulting Group. Ann has more than 20 years of experience consulting with organizations in the areas of compensation and performance management.

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