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Question 19 (1 point) The total payroll budget for the current year is $800,000.00. Your company received a budget for salary increase for the upcoming

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Question 19 (1 point) The total payroll budget for the current year is $800,000.00. Your company received a budget for salary increase for the upcoming year in the amount of $90,000. On January 1st, your company granted a 7% increase to all employees. On May 1st, your company granted a cost-of-living increase of 4%. Will your company go over budget with the increase or not? Yes, the company will go over budget with the salary increases, way too much. No, the company will come in under budget with the salary increases, way too much. No, the company will come in under budget with the salary increases, but not significantly Yes, the company will go over budget with the salary increases, but not significantly Question 20 (1 point) The purpose of job evaluation is to: Determine the correct qualifications for employees to be able to perform the job well Determine whether changes to the job description are necessary Determine the relative contribution made by each job to the success of the organization Determine how good a job employees are doing

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