According to a merit increase grid, one of the factors that determines the size and frequency of pay increases is the _____.
A)company's annual output
B)attrition rate in the company
C)company's stock price
D)recruitment ratio
E)individual's performance rating

Question

Quizplus · Accepted Answer

In merit pay programs, the size and frequency of pay increases are determined by two factors. The first factor is the individual's performance rating (better performers receive higher pay). The second factor is position in range (that is, an individual's compa-ratio).

According to a Merit Increase Grid, One of the Factors