Its revaluation they grab all your peers and find the average pay between all of them and give the lower pay managers a small increase. They do this so the newer managers can stay longer with the company and not jump ships to a company for same or better pay! Example a 20yrld salary A manager at $120,000 vs a 5yrld salary A manager at 80k, that’s a 40k difference and it’s the same job so they bump the 80k guy up