20
November
2023
|
10:33 AM
America/Chicago
Pro-rate Percentage of PACE Grid
Please see below for the following information to guide on your pro-rate merit percentages based on an employee's most recent review date.
Example: If your last review was conducted between the pay periods beginning 3/12/23 and 3/25/2023, there were 18 pay periods between your last review and Nov. 19, so your pro-rated merit pay will be 3.46%. The formula for the calculation is as follows: (18/26) X .05 = .0346 or 3.46%.
Another example: The people who had their last reviews between 11/20/2022 and 12/03/2022 with a 12/9/2022 pay date will get the full 5% since it's been almost a full year.
If Your Last Review Was Between These Two Dates:
| Pay Period Begins | Pay Period Ends | Pay Period | Merit % |
|---|---|---|---|
| 11/20/2022 | 12/3/2022 | 26 | 5.00% |
| 12/4/2022 | 12/17/2022 | 25 | 4.81% |
| 12/18/2022 | 12/31/2022 | 24 | 4.62% |
| 1/1/2023 | 1/14/2023 | 23 | 4.42% |
| 1/15/2023 | 1/28/2023 | 22 | 4.23% |
| 1/29/2023 | 2/11/2023 | 21 | 4.04% |
| 2/12/2023 | 2/25/2023 | 20 | 3.85% |
| 2/26/2023 | 3/11/2023 | 19 | 3.65% |
| 3/12/2023 | 3/25/2023 | 18 | 3.46% |
| 3/26/2023 | 4/8/2023 | 17 | 3.27% |
| 4/9/2023 | 4/22/2023 | 16 | 3.08% |
| 4/23/2023 | 5/6/2023 | 15 | 2.88% |
| 5/7/2023 | 5/20/2023 | 14 | 2.69% |
| 5/21/2023 | 6/3/2023 | 13 | 2.50% |
| 6/4/2023 | 6/17/2023 | 12 | 2.31% |
| 6/18/2023 | 7/1/2023 | 11 | 2.12% |
| 7/2/2023 | 7/15/2023 | 10 | 1.92% |
| 7/16/2023 | 7/29/2023 | 9 | 1.73% |
| 7/30/2023 | 8/12/2023 | 8 | 1.54% |
| 8/13/2023 | 8/26/2023 | 7 | 1.35% |
| 8/27/2023 | 9/9/2023 | 6 | 1.15% |
| 9/10/2023 | 9/23/2023 | 5 | 0.96% |
| 9/24/2023 | 10/7/2023 | 4 | 0.77% |
| 10/8/2023 | 10/21/2023 | 3 | 0.58% |
| 10/22/2023 | 11/4/2023 | 2 | 0.38% |
| 11/5/2023 | 11/18/2023 | 1 | 0.19% |