Forum Discussion
Monique Rouleau
Apr 15, 2018Copper Contributor
formulas
6. Analyze the scenario: Employee's hire date: 4/10/2017 Current hourly rate: $15.00 per hour Merit increase for full year of service: 3.5% Current date: 1/1/2018 1. What pro-rated merit incre...
Detlef_Lewin
Apr 15, 2018Silver Contributor
Monique,
I think the keyword here is "pro-rated".
I have no idea what it means. So I did a web search. I know it's crazy.
https://bizfluent.com/info-8514662-prorated-salary.html