Supervisor: "Congratulations. You received a score of 3.4 on your annual review. Merit increases are given out starting at .5% a
t a score of 2.6 and it goes up 1% every .4 points." Employee: "So I will be receiving an increase of __________."
2 answers:
The employee will need to figure out how many groups of 0.4 points they have beyond a score of 2.6. To do this subtract 3.4 and 2.6.
3.4 - 2.6 = 0.8
This is two groups of 0.4.
So, 0.5% + 1% + 1%= 2.5 % pay increase.
Answer:
2.5%
Step-by-step explanation:
We start at 2.6. This is an increase of 0.5%.
The increase goes up 1% every 0.4 points. This means the next increase is at 2.6+0.4 = 3.0; this is an increase of 0.5+1 = 1.5%.
The next increase is at 3.0+0.4 = 3.4; this is an increase of 1.5+1 = 2.5%.
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