Elizabeth received a stellar performance appraisal in 2008, which translated to a 10 percent pay raise for the next year. Her 2008 base pay was $50,000. Which of the following applies to 2009?
A) Her employer would give her a bonus of $5,000.
B) Her pay would remain $50,000 but she would most likely get a promotion.
C) Her employer would add 10 percent to all her 2008 compensation components-base pay, incentives, benefits, and perks.
D) $5,000 would be added to her 2008 base pay.

Question

Quizplus · Accepted Answer

A 10 percent pay raise on a $50,000 base pay means $5,000 would be added to her 2008 base pay, making her 2009 base pay $55,000.

Elizabeth Received a Stellar Performance Appraisal in 2008, Which Translated