The primary function of a merit increase grid is to A. make pay increases consistent. B....
The primary function of a merit increase grid is to
A. make pay increases consistent.
B. stabilize economic conditions.
C. increase the employees' compa-ratios.
D. further increase the pay of those whose pay is relatively higher for their job.
Homework Answers
A : make the increases consistent.
The merit increase grid has 2 parameters, the current compensation of the employee and the performance rating. The matrix is structured in such a way that high performers are rewarded much more over low performers. This is ensured by increasing the percentage of increase in salary with increase in performance. However the matrix also ensures that high performers will low current salaries get a higher increase in salary compared to high performance with high current salaries. Thus it tries to make the pay increases consistent not only with the performance but also with the current salary. Hence option A is the correct answer.
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The primary function of a merit increase grid is to
A. make pay increases consistent.
B....
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