Performance Appraisal Score Pay Quartile Excellent Very Good Good Needs Improvement Poor S13.01 - - 15.00 5% 4% 3% 0% 0% S11.01 - 13.00 6% 5% 4% 3% 0% $ 9.01 - 11.00 7% 6% 4% 0% $ 7.00 - 9.00 8% 7% 6% 5% 0% Fred is currently making $12.00/hour and received an Excellent on his performance appraisal. Wilma is currently making $11.50/hour and received a Very Good on her performance appraisal. Dottie is currently making $10.00/hour and received a Good on her performance appraisal. Barney is currently making SI1.50/hour and received a Needs Improvement on his performance appraisal. Based on her current pay and her performance appraisal score, Wilma can receive what percentage merit pay increase? a, 4% b. 5% OC. 6% d. 7%
Performance Appraisal Score Pay Quartile Excellent Very Good Good Needs Improvement Poor S13.01 - - 15.00 5% 4% 3% 0% 0% S11.01 - 13.00 6% 5% 4% 3% 0% $ 9.01 - 11.00 7% 6% 4% 0% $ 7.00 - 9.00 8% 7% 6% 5% 0% Fred is currently making $12.00/hour and received an Excellent on his performance appraisal. Wilma is currently making $11.50/hour and received a Very Good on her performance appraisal. Dottie is currently making $10.00/hour and received a Good on her performance appraisal. Barney is currently making SI1.50/hour and received a Needs Improvement on his performance appraisal. Based on her current pay and her performance appraisal score, Wilma can receive what percentage merit pay increase? a, 4% b. 5% OC. 6% d. 7%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 26
Performance Appraisal Score
Pay Quartile
Еxcellent
Very Good
Good
Needs Improvement
Poor
$13.01 - 15.00
5%
4%
3%
0%
0%
$11.01 - 13.00
6%
5%
4%
3%
0%
$ 9.01 - 11.00
7%
6%
5%
4%
0%
$ 7.00 - 9.00
8%
7%
6%
5%
0%
Fred is currently making S12.00/hour and received an Excellent on his performance appraisal.
Wilma is currently making $11.50:hour and rececived a Very Good on her performance appraisal.
Dottie is currently making $10.00/hour and received a Good on her performance appraisal.
Barney is currently making SI1.50/hour and received a Needs Improvement on his performance appraisal.
Based on her current pay and her performance appraisal score, Wilma can receive what percentage merit pay increase?
a. 4%
b. 5%
C. 6%
d. 7%
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