Calculate the overall cost of payroll for the merit increase matrix below.

 

  Performance

 Below Min

(20%)

 80% to 89.9%

(40%)

 90% - 109.9%

(30%)

 110% +

(10%)

   Outstanding

(5%)

 7%

 6%

 5%

 4%

   Exceeds Requirements

(30%)

 6%

 5%

 4%

 3%

   Meets Requirements

(55%)

 5%

 4%

 3%

 2%

   Improvement Required

(10%)

 4%

 3%

 2%

 1%

   

Total Cost of Payroll = ________

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