y Grade

Job Evaluation Points

Range Minimum

Range Midpoint

Range Maximum

Percent Above$/$Below Midpoint

$1$

$200-399$

$10\%$

$2$

$400-599$

$15\%$

$3$

$600-799$

$20\%$

$4$

$800-1000$

$25\%$

Calculate the equation for your pay policy line.

The market pay regression line $($after aging$)$ is Y $=900+0\mathrm{.}5$x$.$

Complete the table $($the range for each grade is indicated in the table$).$ Show work at each step.

Does the pay structure look reasonable to you? Would it be effective in terms of motivating employees$$ behaviour? Why or why not?

You are 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 a market lead of $5\%$ on the pay range minimums, midpoints, and maximums for all four pay grades. Show your work.