t’s that time of year again. Your organization is conducting performance reviews and considering pay raises. The Human Resources Department has pre-determined 5 zones of compa-ratios: 80-87% – New, inexperienced, or unsatisfactorily-performing incumbents. 88-95% – Those gaining experience but not yet fully competent in the job. 96-103% – Fully competent performers performing the job as defined. 104-111% – Those consistently performing at a higher level than what is required. 112-120% –Outstanding performers. • Mario has been evaluated as being a conspicuous outstanding performer in all rating areas. The range for his position is $50 to $75 an hour, with a midpoint of $62.50 an hour. Mario is currently earning $55 an hour. • HR must determine if he is currently being compensated according to his most recent performance evaluation rating. Does Mario’s current hourly rate fall within the pre-determined compa-ratio for his assessed performance level? Yes or No? Based on your answer, what should HR recommend? What new hourly rate will you recommend?
It’s that time of year again. Your organization is conducting performance reviews and considering pay raises. The Human Resources Department has pre-determined 5 zones of compa-ratios:
80-87% – New, inexperienced, or unsatisfactorily-performing incumbents.
88-95% – Those gaining experience but not yet fully competent in the job.
96-103% – Fully competent performers performing the job as defined.
104-111% – Those consistently performing at a higher level than what is required.
112-120% –Outstanding performers.
• Mario has been evaluated as being a conspicuous outstanding performer in all rating areas. The range for his position is $50 to $75 an hour, with a midpoint of $62.50 an hour. Mario is currently earning $55 an hour.
• HR must determine if he is currently being compensated according to his most recent performance evaluation rating.
Does Mario’s current hourly rate fall within the pre-determined compa-ratio for his assessed performance level? Yes or No?
Based on your answer, what should HR recommend? What new hourly rate will you recommend?
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