An executive is hired at 80,000/yr. His is guaranteed a 6,000 salary increase after 6 months. What % increase is that?
How can compensation professionals ensure their statistical data are not distorted?
An employee earning 50,000 annually contributes 8% of his/her salary to a voluntary savings plan in the first year of participation. Excluding investment earnings, how much is in this employee's account at the end of the first year?
For the same problem set, the market appears to be paying entry-level buyers 42,500. Approx how many job evaluation points should your entry-level buyer position be worth to your org, assuming the regression model provides a good fit, based solely on the linear model of y = 15000 + 50x?