State the rate at hire and the wage changes and the dates thereof. (Note:  There may or may not be six rate changes.)   State all your will need to ask to determine how the above wage progression scale.  NOTE:  There may or may not be eight questions.  THE QUESTIONS ARE SLIGHTLY DIFFERENT FOR A STEP SYSTEM THAN A WAGE PROGRESSION SCALE.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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  1. You have the following wage progression scale

HOUSEKEEPER

                            START            3 MOS                 6 MOS            1 YEAR            3 YEARS

    8-1-21               9.00                     9.50                 10.00                10.50                 11.00  

    8-1-22               9.50                     10.00               10.50                11.00                 11.50

    8-1-23               10.00                   10.50               11.00                 11.50                12.00

LABORER

                           START            3 MOS                 6MOS             1 YEAR              3 YEARS

     8-1-21             9.50                 10.00                   10.50                 11.00                 11.50 

     8-1-22            10.00                10.50                   11.00                  11.50                12.00

     8-1-23            10.50                11.00                    11.50     `           12.00                12.50

MAINTENANCE HELPER

                          START              3 MOS                6 MOS            1 YEAR              3 YEARS

     8-1-21           10.00                 10.50                   11.00               811.50                 12.00  

     8-1-22           10.50                 11.00                    11.50              12.00                   12.50

     8-1-23           11.00                  11.50                   12.00              12.50                   13.00

Employees are paid according to length of service with the company and classification on a calendar year basis without deduction for time off or proration.  Joe is hired as a Housekeeper on 9-1-21 and is promoted to Laborer on 7-1-22 and to Maintenance Helper on 10-1-23.  State the rate at hire and the wage changes and the dates thereof. (Note:  There may or may not be six rate changes.)

 

  1. State all your will need to ask to determine how the above wage progression scale.  NOTE:  There may or may not be eight questions.  THE QUESTIONS ARE SLIGHTLY DIFFERENT FOR A STEP SYSTEM THAN A WAGE PROGRESSION SCALE.

 

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