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<blockquote data-quote="vantexan" data-source="post: 1094370" data-attributes="member: 24302"><p>The middle of the pay range. For example if starting pay is $16 and top pay is $24 then the midway point is $20. If you are making $18hr then your raise is 3% which is 54 cents. If you are making $21hr then your raise is 5% or $1.05. Makes quite a difference.</p><p></p><p>Using the above example if they raise starting pay 3% it goes to $16.48. If they raise top-out 3% it goes to $24.72. The midway point is now $20.60. So the guy getting a 54 cent raise is now further behind the midway point than he was. How fast he catches the midway point depends on whether they keep pay range the same, or raise starting or top-out, or worst case raise both and move the midway point up substantially.</p><p></p><p>The above is just an example. Actual numbers will depend on what payscale you are on.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1094370, member: 24302"] The middle of the pay range. For example if starting pay is $16 and top pay is $24 then the midway point is $20. If you are making $18hr then your raise is 3% which is 54 cents. If you are making $21hr then your raise is 5% or $1.05. Makes quite a difference. Using the above example if they raise starting pay 3% it goes to $16.48. If they raise top-out 3% it goes to $24.72. The midway point is now $20.60. So the guy getting a 54 cent raise is now further behind the midway point than he was. How fast he catches the midway point depends on whether they keep pay range the same, or raise starting or top-out, or worst case raise both and move the midway point up substantially. The above is just an example. Actual numbers will depend on what payscale you are on. [/QUOTE]
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