Question: please help with A-E Compensation professionals and HR professionals work with line and staff managers to plan the pay raise program, It is necessary so
Compensation professionals and HR professionals work with line and staff managers to plan the pay raise program, It is necessary so undorstand how the employee porlormance digtribution and choices of pay raise amourts per employee across performance categories influence. Estimating these costs will help cornponsabion profoss onals prepare their requetis for funding proposed pay raises. Number of Employees: 4,750 a) Based on last year's performance distribution 902.5 employees reosived e rating of pooc. b) Based on last year's performance distribution employes received a rating of below merapa. c) Based on last yoar's pectormance dstribution emplayees rocoved a hiting of average. d) Based on last year's porformanco distribution employees recoived a rating of above amerage. e) Based on last year's pertormance distributon enployees received a rating of superior. a) Based on she projected perlormance distributon, and the proposed pay increases per ernployeo, the total proposed pay rase for ompioyees rated poor wil be 5 b) Based on the projecled perlormance distributon, and the proposed pay inereases per employes, the total proposed pay raive for emplayees rated below avocage will be 1 c) Based on the projected perfomance distribution, and the proposed pay increasee per erroloyee, the total proposed pay rase for employeos rated aversoge wil be 3 d) Based on the projected performance ditsibution, and the proposed pay increases per employeo, the total proposod pay rave foc emplayees rated aborve avarnege wil be 3 6) Based on the projected performance distributioe, and the proposed pay incresses per employee, the total proposod pay rase for employees rited superior wit be 5
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
