Salary Increase

[profit]

A company gives a choice of two plans to the union negotiator for an increase in salary. The first option is an initial salary of $20,000.00 to be increased after each 12 months by $500.00.

The second option is a half-yearly initial salary of $10,000.00 to be increased
after each six months by $125.00 . This half-yearly salary is to be calculated and paid over six months.

Can you advise the union negotiator which is the plan he should recommend
to his members?

[westie104]

Just a Quick look but option two appeals to me. After the Second year the terms are somewhat equal in value, however, going into the Third year the value is greater to the employee as there total annual salary would surpass the first option and continue to grow consecutively for the remainder of the term of the agreement. i.e. year three would have a half yearly increase of 375.00 on top of 10,000 and continue in year 4 with 500 each half year, excetera.... could be wrong but that's my thought... :) Here's to hoping I read the question right???

[harrydude]

am i back in scchool

like if a train leaves a station at 1pm doing 120

yudda yudda

[Bigpineguy Retired]

am i back in scchool

like if a train leaves a station at 1pm doing 120

yudda yudda


this forum is for Riddles, ..... :tape:

BPG~