QUESTION 2: Salary Table: Annual Rates by Grade and Step WGI Grade 1 $ 2 $ Step 1 20,000 $ 28,000 $ 35,000 $ 45,000 $ 52

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QUESTION 2: Salary Table: Annual Rates by Grade and Step WGI Grade 1 $ 2 $ Step 1 20,000 $ 28,000 $ 35,000 $ 45,000 $ 52

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Question 2 Salary Table Annual Rates By Grade And Step Wgi Grade 1 2 Step 1 20 000 28 000 35 000 45 000 52 1
Question 2 Salary Table Annual Rates By Grade And Step Wgi Grade 1 2 Step 1 20 000 28 000 35 000 45 000 52 1 (99.08 KiB) Viewed 28 times
Question 2 Salary Table Annual Rates By Grade And Step Wgi Grade 1 2 Step 1 20 000 28 000 35 000 45 000 52 2
Question 2 Salary Table Annual Rates By Grade And Step Wgi Grade 1 2 Step 1 20 000 28 000 35 000 45 000 52 2 (188.53 KiB) Viewed 28 times
PLEASE ANSWER ALL STEPS USING EXCEL. THANK YOU AND PLEASE
EXPLAIN YOUR ANSWERS. THANK YOU!
QUESTION 2: Salary Table: Annual Rates by Grade and Step WGI Grade 1 $ 2 $ Step 1 20,000 $ 28,000 $ 35,000 $ 45,000 $ 52,000 $ Step 2 23,000 $ 32,000 $ 40,000 $ 51,000 $ 59,000 $ Step 3 26,000 $ 36,000 $ 45,000 $ 57,000 $ 66,000 $ Step 4 29,000 $ 40,000 $ 50,000 $ 63,000 $ 73,000 $ Step 5 32,000 $ 44,000 $ 55,000 $ 69,000 $ 80,000 $ Step 6 35,000 $ 48,000 $ 60,000 $ 75,000 $ 87,000 $ Step 7 38,000 $ 52,000 $ 65,000 $ 81,000 $ 94,000 $ $ 3 4 3,000 4,000 5,000 6,000 7,000 $ 5 $ The waiting periods within steps are: Steps 1-2: 1 year in each step Steps 3-4: 2 years in each step Steps 5-6: 3 years in each step

Questions: 1. How many years would it take for an employee to advance from Step 1 to Step 5 if acceptable performance is demonstrated? Answer: [A] 2. If an employee just entered Step 3, how many years would it take for this employee to advance from Step 3 to Step 7 if acceptable performance is demonstrated? Answer: 3. If an employee just entered his first year in Grade 3 (Step 4), what would be his expected salary after completing 5 years of service if acceptable performance is demonstrated? Answer: [C] 4. If an employee just entered his first year in Grade 4 (Step 2), what would be her expected salary after completing 10 years of service if acceptable performance is demonstrated? Answer: [D] 5. All pay rates typically increase each year based on changes in the Consumer Price Index (CPI). Calculate the Grade 2 WGI amount based on an overall 5% increase. Answer: IFI
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