Quote:
Originally Posted by Unregistered
My MI has increased over the pass 3 years. Is a signal that my CEP is adjustef up?
2017 MX11, 1st year after promo default C, $300 MI
2018 MX11, C, $400 MI
2019 MX11, B, $500 MI
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The increase in your MI over the year is likely due to your improved performance grading. For banded scheme such as yours, you may need to take note that for the same grade, the MI may change as you move from the first 1/3 of the salary grade to another. For example, the MI in the first 1/3 is usually higher than the second 2/3 and last 2/3 if the performance grade is the same.
Also, CEP has been taken out from the MI component so what you get is purely performance based. This is better since the scholars will not get additional benefits purely from the higher CEP.