Question: Alan was rated as excellent on his individual work performance evaluation, earning him $2,000, provided as a merit pay increase. His annual salary this year
Alan was rated as excellent on his individual work performance evaluation, earning him $2,000, provided as a merit pay increase. His annual salary this year is $48,000. He works in a team of 3 people. What is likely to happen? His annual salary will be reduced to $46,000 this year to adjust for the bonus. His base salary next year will be increased to $50,000. He will get 1/3 of his bonus, and the other 2/3rds will be redistributed among his co-workers. He will be automatically granted the $2,000 bonus next year. There will be no change to his base pay
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