Homework: Ch 3 Crunch the Numbers Exercise 2 Question 1, CTN 3.2 Part 2 of 3 HW Score: 0%, 0 of 1 point O Points: 0 of 1 O Compensation professionals and HR professionals work with line and staff managers to plan the pay raise program. It is necessary to understand how the employee performance distribu and choices of pay raise amounts per employee across performance categories influence. Estimating these costs will help compensation professionals prepare their requests for funding proposed pay raises. Proposed Pay Raise Per Employee ($) Employee Performance Rating Distributions (%) Last Year's Current Year-End (Actual) (Projected) 6 7 27 27 33 33 Superior Above Average Average Below Average Poor 2.250 1,800 1.440 16 15 18 1,152.00 921.60 18 Number of Employees: 4,250 a) Based on last year's performance distribution 765 employees received a rating of poor. b) Based on last year's performance distribution 680 employees received a rating of below average. c) Based on last year's performance distribution 1402.5 employees received a rating of average. d) Based on last year's performance distribution 1147.5 employees received a rating of above average. e) Based on last year's performance distribution 255 employees received a rating of superior. a) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated poor will be $ b) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated below average will be $ c) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated average will be $ d) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated above average will be $ e) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated superior will be $