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.