HomeWOIR. LII 3 LIUMICITI Numbers Exercise 2 Sav Score: 0.45 of 1 pt 1 of 1 (1 complete) HW Score: 45.45%, 0.45 of 1 CTN 3.2 Question Help Compensation professionals and HR professionals work with line and staff managers to plan the pay raise program. It is necessary to understand how the employee performance distribution and choices of pay raise amounts per employee across performance categories influence. Estimating these costs will help compensation professionals prepare their requests for funding proposed pay raises. Employee Performance Rating Proposed Pay Raise Distributions (%) Per Employee (S) Last Year's Current Year-End (Actual) (Projected) Superior 6 8 1,950 Above Average 25 25 1,560 Average 34 34 1,248 Below Average 16 15 998.40 19 Poor 18 798.72 Number of Employees: 1.750 a) Based on last year's performance distribution 332 50 employees received a rating of poor. b) Based on last vear's performance distribution 280.00 emplovees received a rating of below average Enter your answer in the answer box and then click Check Answer Clear All All parts showing OK Search ORI 99 hp Score: 0.45 of 1 pt 1 of 1 (1 complete) W CTN 3.2 w M (Actual) 6 (Projected) 8 25 25 Superior Above Average Average Below Average Poor 1,950 1,560 1,248 998 40 34 34 16 15 19 18 798.72 Number of Employees: 1,750 a) Based on last year's performance distribution 332.50 employees received a rating of poor b) Based on last year's performance distribution 280.00 employees received a rating of below average. c) Based on last year's performance distribution 595.00 employees received a rating of average. d) Based on last year's performance distribution 437.50 employees received a rating of above average e) Based on last year's performance distribution 105.00 employees received a rating of superior. Enter your answer in the answer box and then click Check Answer. All parts showing OK Homework: Ch 3 Crunch the Numbers Exercise 2 Save Score: 0.45 of 1 pt 1 of 1 (1 complete) HW Score: 45.45%, 0.45 of 1 W CTN 3.2 Question Help e) Based on last year's performance distribution 105.00 employees received a rating of superior, a) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated poor will be $ 251,596.80 b) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated below average will be $ 262,080.00 c) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed par vaise for employees rated average will be $ 742,560.00 d) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated above average will be $ 682,500.00 e) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated superior will be $ 273,000.00 a) Based on the projected performance distribution, and the proposed pay increases per employee, the company could save $if it does not give pay increases to employees rated poor or below average. Enter your answer in the answer box and then click Check Answer. Final Check Clear All All parts showing OK O 99 arch HomeWOIR. LII 3 LIUMICITI Numbers Exercise 2 Sav Score: 0.45 of 1 pt 1 of 1 (1 complete) HW Score: 45.45%, 0.45 of 1 CTN 3.2 Question Help Compensation professionals and HR professionals work with line and staff managers to plan the pay raise program. It is necessary to understand how the employee performance distribution and choices of pay raise amounts per employee across performance categories influence. Estimating these costs will help compensation professionals prepare their requests for funding proposed pay raises. Employee Performance Rating Proposed Pay Raise Distributions (%) Per Employee (S) Last Year's Current Year-End (Actual) (Projected) Superior 6 8 1,950 Above Average 25 25 1,560 Average 34 34 1,248 Below Average 16 15 998.40 19 Poor 18 798.72 Number of Employees: 1.750 a) Based on last year's performance distribution 332 50 employees received a rating of poor. b) Based on last vear's performance distribution 280.00 emplovees received a rating of below average Enter your answer in the answer box and then click Check Answer Clear All All parts showing OK Search ORI 99 hp Score: 0.45 of 1 pt 1 of 1 (1 complete) W CTN 3.2 w M (Actual) 6 (Projected) 8 25 25 Superior Above Average Average Below Average Poor 1,950 1,560 1,248 998 40 34 34 16 15 19 18 798.72 Number of Employees: 1,750 a) Based on last year's performance distribution 332.50 employees received a rating of poor b) Based on last year's performance distribution 280.00 employees received a rating of below average. c) Based on last year's performance distribution 595.00 employees received a rating of average. d) Based on last year's performance distribution 437.50 employees received a rating of above average e) Based on last year's performance distribution 105.00 employees received a rating of superior. Enter your answer in the answer box and then click Check Answer. All parts showing OK Homework: Ch 3 Crunch the Numbers Exercise 2 Save Score: 0.45 of 1 pt 1 of 1 (1 complete) HW Score: 45.45%, 0.45 of 1 W CTN 3.2 Question Help e) Based on last year's performance distribution 105.00 employees received a rating of superior, a) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated poor will be $ 251,596.80 b) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated below average will be $ 262,080.00 c) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed par vaise for employees rated average will be $ 742,560.00 d) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated above average will be $ 682,500.00 e) Based on the projected performance distribution, and the proposed pay increases per employee, the total proposed pay raise for employees rated superior will be $ 273,000.00 a) Based on the projected performance distribution, and the proposed pay increases per employee, the company could save $if it does not give pay increases to employees rated poor or below average. Enter your answer in the answer box and then click Check Answer. Final Check Clear All All parts showing OK O 99 arch