Hello Everyone, I have a problem and I feel very sure that Math can solve it!
I hope this is the correct place to post, because it does have to do with Human Resources and is business related.
I will go over some background information before I get into it. There is Company A which also has employees under it that work at Company B which is sort of a Joint Venture so it is also made up mostly of employees from a third company (C). Company A will be giving a bonus of a certain multiple of the actual salaries of each employee. the employees that belong to company A but work at Company B must also receive this bonus. However, they are not on the same Pay Scale. there in lies the problem. Previously the way they used to solve this is to calculate the position of the employee on Company B's scale and match it to that in Company A and give them a bonus based on that since Company B's actual salaries are much too high. Now what has happened is that Company B has increased the ceiling for their structure and now employees at company B are at a lower position in terms of the structure but could have a higher salary than before, now if you try to perform the previous type of matching they will get a bonus less than that of the year before! ouch. does anyone have any ideas on how to mathematically solve this problem? Like take the actual Company B salary and match it to the same level in company A?