Question
1.please calculate the budget below and as part of the budget the evaluation of salaries is part of the analysis. example: Three employees are eligible
1.please calculate the budget below and as part of the budget the evaluation of salaries is part of the analysis.
example:
Three employees are eligible for pay raises during the next fiscal year, which is the calendar year for this organization. the budget should not exceed 6% of the original base salaries for these three employees.
Complete the table for the following employees and proposed pay raises for each percentage based on the following data.Also, answer the question, do the proposed increases meet/exceed the 6% allowed by your CFO?Please explain.
- The Coder/Analyst I is getting a 5% raise at the beginning of the calendar/fiscal year.
- The ROI Specialist/Analyst II is getting a 4% raise at the beginning of the calendar/fiscal year.
- The Coding Compliance Specialist/Analyst III is gettinga 2.5%raise at the beginning of the calendar/fiscal year.
Calculationsare based on:
- A 40 hour work week (2080 hours in a year).
- 52 weeks in a year
1. Do the proposed increases meet/exceed the 6% allowed by your CFO?if so Please explain.
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