troubleshooting Question

needing help in calculating expected pay increase

Avatar of GMartin
GMartinFlag for United States of America asked on
Math / Science
10 Comments3 Solutions130 ViewsLast Modified:
Hello and Good Evening Everyone,

Recently, Middle Tennessee State University decided to provide salary enhancements for its employees.   This decision was made as an effort to address the gap between actual employee salaries and market salaries as reported by CUPA for 2014-15.   The link to https://www.mtsu.edu/hrs/compensation/docs/Market_Adjustments.pdf provides a couple of examples of how the raises are calculated.  However, the example calculations are complex with no attempt given to explaining where some of the numbers actually come from.  For example, how is the minimum and midpoint range determined?  Is there a site that lists these values based upon the individual's skill level and years of experience?  Here is an example scenario of interest that is in need of determining any salary adjustment.

        John Doe at Pay Grade 2 with 17 years of MTSU experience
       Current Salary --- $24,179.23

I can not list the Minimum and Midpoint Range because I do not know where these values really come from.  That said, could someone possibly track down the source for determining this information?  I am assuming the Pay Grade Scale is located somewhere within the mtsu.edu site, but, I am uncertain.   Or, perhaps it comes from the CUPA statistics for 2014-15.  

Any suggestions or tips for filling in the gaps so the numbers can be plugged into the calculations as shown in the examples given within the link of https://www.mtsu.edu/hrs/compensation/docs/Market_Adjustments.pdf will be greatly appreciated.  

Thank you

George
ASKER CERTIFIED SOLUTION
Join our community to see this answer!
Unlock 3 Answers and 10 Comments.
Start Free Trial
Learn from the best

Network and collaborate with thousands of CTOs, CISOs, and IT Pros rooting for you and your success.

Andrew Hancock - VMware vExpert
See if this solution works for you by signing up for a 7 day free trial.
Unlock 3 Answers and 10 Comments.
Try for 7 days

”The time we save is the biggest benefit of E-E to our team. What could take multiple guys 2 hours or more each to find is accessed in around 15 minutes on Experts Exchange.

-Mike Kapnisakis, Warner Bros