Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is Merit Factored into the Placement in Range?

Factored merit placement range
0
Posted

How is Merit Factored into the Placement in Range?

0

Employee performance ratings (as reflected by performance scores) are also used in determining an employee’s placement within the developed salary range. Comparator data used to develop salary ranges represents the pay of an employee “Meeting” performance expectations. Employees with “Exceeds” or “Outstanding” performance ratings are recognized in the placement in range by advancing his/her placement by an additional percentage (for Fiscal Years 2006-2007 and 2007-2008 this was 1.5% and 3.5% respectively) above the market adjusted rate, not to exceed the maximum of the developed salary range. These percentages may change as market indicates and funding allows.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123