Use the five-step decision-making process (1. develop problem statement, 2. identify, evaluate and choose alternatives, 3. implement decision, 4. evaluate results and 5. ethical achievements) to analyze the following

You are currently being considered for a major promotion within your company to vice president of marketing. In your current position as manager of advertising, you supervise 15 managers and 10 hourly workers. As part of the annual salary review process, you have been given the flexibility to grant your employees an average 3 percent annual salary increase; however, you are strongly considering a lower amount. This would ensure that your department’s expenses stay under budget and would send the message that you are able to control costs. How would you proceed?