Question: y browser! Yes. Set it as default browser How do I do that? Case Calculating Pay Ranges The market pay regression line (after aging) is

y browser! Yes. Set it as default browser How do I

y browser! Yes. Set it as default browser How do I do that? Case Calculating Pay Ranges The market pay regression line (after aging) is y=900 +0.5x. Your company's pay policy is to lead the market by 5 percent. You are a compensation analyst and your manager has asked you to calculate the pay range maximums, midpoints, and minimums for all four pay grades. Questions 1. Calculate the formula for the pay policy line. 2. Complete the following table (the range spread for each pay grade is indicated in the table). JOB RANGE SPREAD PAY EVALUATION RANGE RANGE RANGE (ABOVE AND BELOW GRADE POINTS MINIMUM MIDPOINT MAXIMUM MIDPOINT) 1-249 10% 15% 2 3 250-499 500-749 20% 4 750-1000 30% 3. Draw a graph of the pay policy line including the range for each pay grade

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