In a merit increase grid,the ________ determines the size and frequency of pay increases.
A)time spent in the current pay grade
B)overall profitability of the company
C)employees' seniority
D)compa-ratio of employees
E)the skill developed by the employee

Question

Quizplus · Accepted Answer

A compa-ratio compares an individual's current salary to the midpoint or average salary for their job position. It is used to determine whether an individual's salary is above, below, or at the market average. This information can then be used to determine the size and frequency of pay increases.

In a Merit Increase Grid,the ________ Determines the Size and Frequency