Imagine that you were one of the people in the Human Resource group of a fast-growing company in
the Philippines. All of you were asked by the management to create a salary scheme for a very
important job that the company would offer to best IT graduates this year. The manage gave the
salary range good for 2 years, telling everyone in your group that whoever could give a salary scheme
that would best benefit both employer and the would-be employees would be given incentives.
1. In your respective groups, make use of all the concepts you learned on geometric sequences
considering the starting salary, the rate of increase, the time frame, etc. in making different
salary schemes and in deciding which one will be the best for both the employer and the
would-be employees.
2. Prepare a visual presentation of your chosen salary scheme with the different data that
were used, together with the formulas and all the computations done. You may include two
salary schemes that you have prepared in your group for comparison.