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Pay Raises are now Official
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<blockquote data-quote="Ricochet1a" data-source="post: 924877" data-attributes="member: 22880"><p>All raises are subject to "top-out". The current ranges are NOT being changed for 2012. So someone that is already topped out right now won't get a penny in pay raise, according to the documentation I have infront of me. </p><p></p><p>The qualifier for the 6% pay increase "not to exceed the range maximum" - in other words, can't go above topout. </p><p></p><p>If you are in Market Level A and making $18.98 or higher RIGHT NOW, you will get what ends up to be a 5% raise (or 6% if you are in the top quartile which is defined as making $20.95 right now). </p><p></p><p>If you are in Market Level B and are making $17.98 or higher RIGHT NOW, you will get 5%, you will get 6% if you are at $19.94 RIGHT NOW or higher. </p><p></p><p>Under no circumstances can a pay raise put someone over top out for a particular Market Level.</p></blockquote><p></p>
[QUOTE="Ricochet1a, post: 924877, member: 22880"] All raises are subject to "top-out". The current ranges are NOT being changed for 2012. So someone that is already topped out right now won't get a penny in pay raise, according to the documentation I have infront of me. The qualifier for the 6% pay increase "not to exceed the range maximum" - in other words, can't go above topout. If you are in Market Level A and making $18.98 or higher RIGHT NOW, you will get what ends up to be a 5% raise (or 6% if you are in the top quartile which is defined as making $20.95 right now). If you are in Market Level B and are making $17.98 or higher RIGHT NOW, you will get 5%, you will get 6% if you are at $19.94 RIGHT NOW or higher. Under no circumstances can a pay raise put someone over top out for a particular Market Level. [/QUOTE]
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