Pay-for-Performance

This exercise is available to Assessor subscribers only.

Now it's your turn to solve a real-life problem!

If you have a subscription to ERI's Salary Assessor (SA), analyze the following problem:

Problem Statement

You need to review the compensation level of an employee for your organization. Find the correct pay level for the employee below. He is a Chemist at Central Valley Oil & Gas Exploration, Inc., in Bakersfield, California.

This company has an eSIC code of 1300, $2 billion in revenue, and you'll want to use today's date as your salary planning date.

Name Years of Experience Performance Percentile Current Base Salary Current Total Cash
Leroy Gerhart 7 65th $111,500 $114,300

Memory Jogger

Using ERI's Salary Assessor tool, determine the approximate percent pay increase Leroy should receive. Choose the best answer.

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