Case study

1. Assume that you are an employee of a big company and you are expecting to be promoted as Director of the Marketing Department. Currently, as the Advertising Supervisor of the Marketing Department, five managers and two contractual (paid per hour) workers are working under you. According to the annual salary review of the company, you were given the flexibility to grant your employees a 3% salary increase; however, you are strongly considering to lower the amount. Doing so, you will ensure that your department's expenses stay under budget and will send a message that you are able to control costs. What are the different factors (provide at least three) that you need to consider in making the final decision? How would you proceed?​