USE OF AND/OR REGISTRATION ON ANY PORTION OF THIS SITE CONSTITUTES ACCEPTANCE OF OURVISITOR AGREEMENT(UPDATED 1/6/23),PRIVACY AND COOKIES NOTICE(UPDATED 1/4/23) ANDCALIFORNIA PRIVACY NOTICE. In 16 starts during the 2021-22 season, Spaun had made 12 cuts and had four top-25 finishes, including a T-7 at the Butterfield Bermuda Championship last fall. They were playing for the Valero Texas Open title on Sunday at TPC San Antonio, but there was more on the line than a PGA Tour win and a prize money payout of $1.548 million. That means that the 65th-place player in a Korn Ferry Tour event makes a minimum of $2,400 if they complete the tournament. The Korn Ferry Tour has a standard formula for payout percentages and distribution its purse and prize money for almost every event. There are 26 tournaments scheduled across 18 states and five countries for the 2023 Korn Ferry Tour season. And J.J. Spaun wasnt one of them. U.S. Coody went on and finished T15 in the stroke play portion of the NCAA Championships, then went 2-1 in match play as Texas captured its fourth national title. "The Korn Ferry Tour continues to play a massive role in delivering a pipeline of future stars to the PGA Tour on a consistent basis," said Alex Baldwin, president of the Korn Ferry Tour. All Korn Ferry Tournaments follow the Korn Ferry Tours prize money distribution chart in terms of purse and payouts. This is the standard 18 percent payout according to the chart. The one day that I was in Dallas before I went to the BMW (Charity Pro-Am presented by TD SYNNEX) we talked about how getting a top 75 was just the big goal. The Landings Club (Deer Creek Course) - Savannah, GA. And even with that subpar stat, he currently has more bets to win NFL MVP . Coody, who along with his fraternal twin brother, Parker, is a. and grandson of 1971 Masters Tournament winner Charles Coody, rose from No. Spaun has played on the PGA Tour since the 2016-17 season but the last two seasons hes finished outside the top 150 on the FedEx Cup Playoffs and needed to scramble in the Korn Ferry Tour finals to regain his card. The total purse is set for $1 million. The Korn Ferry Tour season is over, and a new season will start in 2022. The tournament will move to the Pete Dye Course in French Lick, Indiana, starting in 2024 for at least five years. The total purse is set for $1 million. Do Korn Ferry players get paid? All Korn Ferry Tournaments follow the Korn Ferry Tours prize money distribution chart in terms of purse and payouts. GOLF DIGEST MAY EARN A PORTION OF SALES FROM PRODUCTS THAT ARE PURCHASED THROUGH OUR SITE AS PART OF OUR AFFILIATE PARTNERSHIPS WITH RETAILERS. The sixth week of ongoing PFL Challenger series second season is already here. GOLF DIGEST MAY EARN A PORTION OF SALES FROM PRODUCTS THAT ARE PURCHASED THROUGH OUR SITE AS PART OF OUR AFFILIATE PARTNERSHIPS WITH RETAILERS. Each player's rank in the final Velocity Global Ranking will determine his priority for this category, with players finishing Nos. Being patient, hard-working and optimistic, he dreams to contribute to change the world. He was a star on the APGA Tour and has numerous mini tour victories, but hes now one step closer to earning a PGA Tour card. Players will compete for a record $28 million in total prize money, a 37.6 percent increase over last season ($20.35 million). The player who finishes atop the points list will continue to earn an exemption into the Players Championship and U.S. Open. Speaking of new tournaments, players will be competing for more prize money this year. I just played it really aggressive on the front nine, just great numbers, really nice putts. He was close to winning twice on the PGA Tour before falling short in a playoff. Thats about to change with the announcement that minimum purse levels on the Korn Ferry Tour will increase by at least 66.7 percent for regular season events over the next two years. Victoria National Golf Course in Newburgh, Indiana. The former stamdout at Texas A&M shot a 4-under 68 in the final round to secure his first Korn Ferry Tour win Wednesday at the Bahamas Great Exuma Classic at Sandals Emerald Bay. The winner will take $180,000 to his home. We use the Golf News Net byline sometimes just to change things up. Last week, finishing fourth in Wichita gave me such confidence. . "In quiet firing, bosses aren't doing their job," says Elise Freedman, a Korn Ferry senior client partner and leader of the firm's Workforce Transformation . The 26-event schedule begins in January and . With the post-Masters lull over, who's hot and not as the PGA Championship draws near? In January last year, he hadn't won a PGA Tour event. Korn Ferry Tour Championship presented by United Leasing & Finance: Victoria National Golf Club - Newburgh, Indiana: Justin Suh-21: 1/18/23: The Bahamas Great Exuma Classic at Sandals Emerald Bay: Sandals Emerald Bay Golf Course - Great Exuma: Chandler Phillips-14: 1/25/23: The Bahamas Great Abaco Classic at The Abaco Club: The Abaco Club . With five regular season events remaining, Coody moved within 47 points (equivalent to a solo-19th finish) of the No. 2022 Tour Championship purse, prize money. It is the standard 18 percent of the purse according to the Korn Ferry Tour's prize money distribution chart. See more in GNN's affiliate disclosure. Austin Eckroat finished in solo second place, ending up two back of the winner. The Korn Ferry Tour was off last week for the holiday weekend, meaning this week's field will be packed with pros. . SportPaedia.Com is our complete News Portal about sports around the world. Opens to allow fans if requirements met, Do Not Sell or Share My Personal Information. The total prize money purse for this week's event stands at $7,300,000, and the winner after the final round on Sunday will take home a prize-money share worth $1,314,000. Coody began the day tied atop the leaderboard with Camden, Maine native Cole Anderson, who was bidding to become the fourth amateur winner in Korn Ferry Tour history. Course: Bay Hill Club & Lodge. The four-event Korn Ferry Tour Finals will begin Aug. 24-27 at the Albertsons Boise Open presented. Prize money: $20 million. During the Korn Ferry Tour Finals events, a player who wins on the Korn Ferry Tour earns 1,000 points -- double that of regular-season events. Minimum purses now are at . This week the cut was made at 2-under 142 or better, with 70 players getting through to the final two rounds. Coody noted in a post-round interview via the. Coodys runaway win at the Live and Work in Maine Open Sunday moved him into contention for a PGA TOUR card via The 25. A par at the fourth trip down 18 secured his second PGA Tour of Australasia title, $45,000 in prize money and a rise to eighth on the Order of Merit. The FedEx Cup bonus pool has expanded into something more like a bonus lake. with Camden, Maine native Cole Anderson, who was bidding to become the fourth amateur winner in Korn Ferry Tour history. Our Early Career Graduate training programs (StartUp, Talent Academy, Career Accelerator) are comprehensive career training programs that open up doors for recent graduates from universities all over the world. 25 spot on the points list. The penultimate event is the Nationwide Childrens Hospital Championship at Ohio State Golf Clubs Scarlet Course from Sept. 21-24. That's been my credo on the Korn Ferry Tour and it came to fruition again last week as Riley picked up his second win in 11 events this season. The 2022 Korn Ferry Tour Championship final leaderboard is headed by winner Justin Suh, who earned the big win with the Korn Ferry Tour Finals victory at Victoria National Golf Club in Newburgh, Ind. Apart from the hefty prize money purse, the . Tournament winners for regular-season events earn 500 points. "The Korn Ferry Tour continues to play a . Before turning pro, he was a heralded junior and amateur star. Take your time and immerse yourself in this amazing experience! KITCHENER, OntarioOn Sunday, the PGA TOUR Canada's flagship eventthe Fortinet Cup Championshipcame to a close at Deer Ridge Golf Club, a tournament that brought together world-class golfers to ultimately determine the winner of the Fortinet Cup. This week the cut was made at 2-under 142 or better, with 70 players getting through to the . Korn Ferry; Club Car Championship at The Landings Club March 23 - 26, 2023. The 26-event schedule begins in January and ends in October, where the top 30 players on the Korn Ferry Tour Points List at the end of the season will earn PGA Tour cards. Zack Fischer, the 32-year-old Texas grad who missed the cut in his lone start on the KFT last . Todays announcement is another step in ensuring the tour will continue to attract the best young talent while providing higher-quality playing opportunities for the entire membership, said Korn Ferry Tour President Alex Baldwin. On Monday the final stage of Korn Ferry Tour Qualifying School wrapped up play, with one player earning fully exempt status for the 2022 season, nine earning 12 guaranteed starts and a whopping 39 earning eight starts. Purse In The Previous Year: In the previous edition of the tournament, the amount of total purse and payouts to the individual 65 players were the same. 1 spot in the PGA TOUR University Class of 2022 for Korn Ferry Tour status the rest of the season, his main goal was to finish top 75 on the Regular Season Points List for a spot in the Korn Ferry Tour Finals and a chance at a PGA TOUR card. https://golfweek.usatoday.com/lists/5-things-to-know-2023-korn-ferry-tour-season/, Mexico, Caribbean, Atlantic islands, Central America, Top 50 Classic Courses in Great Britain & Ireland, Top 50 Modern Courses in Great Britain & Ireland, Kyle Sokeland, Evansville Courier & Press, Your California Privacy Rights/Privacy Policy. Of the top 20 players on the leader board after 54 holes in the Texas low country, only three were in next weeks Masters field. PFL Challenger Series 2023: Week 6 Schedule, Venue, Live Stream, and Fight Card, WSBK Mandalika 2023: Schedule, Circuit, TV and Live Stream, Boxers ready for the PFL Challenger Series Week 6 Actions, Cage Warriors 149: Preview, Date & Time, Livestream, Venue, and Fight Cards, 2022 UCI BMX World Championships : Schedule, Venue, Top Rankings, PGA Punta Cana 2022: Preview, Schedule, How to Watch, Prize Money and Tee Times. Coody began the day tied atop the leaderboard with Camden, Maine native Cole Anderson, who was bidding to become the fourth amateur winner in Korn Ferry Tour history. Prize money payouts . (Photo: Andy Lyons/Getty Images). Sometimes we post sponsored content from this account, and it is labeled as such. The Korn Ferry Tour Championship will conclude in October. With a 7-under 28 on the front nine (birdies at Nos. During an interview on the popular "Pardon My Take" podcast this week, professional golfer Joel Dahmen recounted a time in "2015 or 2016" when he was playing on the Korn Ferry Tour, which is a rank below the PGA. How much "louder" will LIV Golf get in its second season? 31 on the Korn Ferry Tour Regular Season Points List. While legal, it's a passive-aggressive leadership style that, if left unchecked, could damage the organization's reputation and negatively affect future hiring and retention. The three-event Korn Ferry Tour Finals, where another 25 PGA Tour cards are awarded following the conclusion of the regular season, will also bump minimum-purse levels to $1.5 million in 2023. He had played in 13 events so far in the 2021-22 season, making just five cuts but posting three top-20 finishes, including a T-5 in Puerto . A purse that separates it from the rest of the regular-season minimums adds to that stature. Position Prize Money The explosion in purse increases at the highest levels of the mens professional game dont often translate into any significant purse increases on lower level tours, specifically the Korn Ferry Tour. Bramlett won the $180,000 winner's share of the $1,000,000 purse. No exception for the Korn Ferry Tour Championship 2022. The Korn Ferry Tour's regular-season finale, called the Pinnacle Bank Championship, will feature a $850,000 purse in 2022 and a $1.25 million purse in 2023. Then, the final week before the four-event Korn Ferry Tour Finals is the Magnit Championship at Metedeconk National Golf Club in Jackson Township, New Jersey. Hopefully I can just keep playing with this kind of momentum and see where it takes me.. The overall prize money payout this week is $8.6 million. The 2022 Korn Ferry Tour season continues Thursday with the first round of The Ascendant Presented by Blue, hosted by TPC Colorado in Berthoud, Colorado. FedEx Cup leader: Jon Rahm. Coodys five-stroke win tied the largest margin of victory on the Korn Ferry Tour this season, as Harrison Endycott (Huntsville Championship) and Norman Xiong (last weeks Wichita Open Benefitting KU Wichita Pediatrics) also posted five-stroke wins. Coody noted in a post-round interview via the Korn Ferry Tours livestreaming coverage this may be the most consistent stretch of golf in his young career. The winner will take $180,000 to his home. This is the 22nd event of the year on the Korn Ferry Tour, with this marking the final event of the three-event Korn Ferry Tour Finals. (Korn Ferry Tour Finals) Eric Cole; . My academic career has prepared me with a wide set . 2021 Korn Ferry Tour Championship final leaderboard, results and prize money payouts Click header to sort; rotate mobile . GNN may earn a commission from sales generated by those links. . The win is Straka's first on Tour and his first professional victory since the 2018 KC Golf Classic on the Korn Ferry Tour. A golf flag at the Korn Ferry Tour Championship at Victoria National Golf Club in Newburgh, Indiana. Read Also: ISPS Handa World Invitational 2022: Purse & Payout. A six-week immersive training program for new graduates. Winner's share: $3.6 million. . Here you will find the You have entered an incorrect email address! The Korn Ferry Tour Championship 2022 is scheduled to wrap up on Sunday (September 4) with the final round. It gets blowing, 15-20 miles an hour and some tougher pins, so I just kind of held on.. We use the Golf News Net byline sometimes just to change things up. An exciting night is coming with two high voltage mixed martial arts event from Cage Warrios and PFL on this Friday. Speaking of new tournaments, players will be competing for more prize money this year. T-4: Charles Howell III, 278/-10, $344,000, T-18: Scott Gutschewski, 281/-7, $92,606.37, T-18: Rasmus Hojgaard, 281/-7, $92,606.37, T-18: Brandt Snedeker, 281/-7, $92,606.36, T-18: Kevin Streelman, 281/-7, $92,606.36, T-18: Jhonattan Vegas, 281/-7, $92,606.36, MORE: Jordan Spieth somehow three-putts from three feet, not a confidence booster, MORE: Every putter used by every PGA Tour winner in 2021-22, T-53: Henrik Norlander, 286/-2, $20,244.40. However, it was earlier played on the Korn Ferry Tour. 25 spot on the points list. Chris Gotterup, the reigning Haskins Award winner, tied for seventh at the PGA Tours Puerto Rico Open and had a dominating senior season at Oklahoma last year. Total purse: $75 million (FedEx Cup bonus) 1st -- $18,000,000 -- Rory . First place would be worth at least $180,000 starting in 2023. Call 1-800-GAMBLER (NJ/WV/PA/IL) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only) or TN REDLINE: 800-889-9789. After 65th place, the Korn Ferry Tour actually adds money to the purse to make sure all the players who make the cut get paid. Typically, the second place player gets 9 percent of the total purse (it was formerly 10.8 percent before a 2020 change to . Christiaan Bezuidenhout secured his PGA Tour card with a closing 64 to finish in solo third place. Another name is Willie Mack III, who earned his Korn Ferry Tour status after getting through the final stage of Q-School. Prize money: $20 million. The Korn Ferry Four, the circuit right below the PGA Tour, informed players on Tuesday that prize money will be a minimum of $1 million for tournaments starting in 2023. And the Las Vegas native should be in prime contention this week with eight top 15 finishes in his last 10 starts and the third best putting average on tour, a necessity on TPC's treacherous . Players will compete for a record $28 million in total prize money, a 37.6 percent increase over last season ($20.35 million). (adsbygoogle = window.adsbygoogle || []).push({}); American professional golfer Joseph Bramlett won the tournament last year with a 4-stroke victory. The Korn Ferry Tour Championship field is headed by the likes of David Lingmerth, Paul Haley, Akshay Bhatia, Brandon Harkins, and more. In 2023, the Korn Ferry Tour will no longer have a separate points list for the regular season and the Korn Ferry Tour Finals; the 26-event schedule will have one season-long points list to award 30 PGA Tour cards. Click header to sort; rotate mobile screens for details. Straka will take home $1,440,000, with runner-up Shane Lowry earning $872,000. The 2021 Korn Ferry Tour Championship purse is set for $1,000,000, with the winner's share coming in at $180,000 -- the standard 18 percent payout according to the Korn Ferry Tour's prize money distribution chart. Korn Ferry Tour's prize money distribution chart, 2021 Korn Ferry Tour Championship prize money payout, 2021 Korn Ferry Tour Championship winners share. If there's a cut where 65 or more players make the final round or rounds of the tournament, there's standard table of payout percentages and distribution. Do Korn Ferry players get paid? Call 1-800-GAMBLER (NJ/WV/PA/IL) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only) or TN REDLINE: 800-889-9789. The WGCs are a lucrative no-cut opportunity for golfers at the top of the World Ranking. The sixth week of ongoing PFL Challenger series second Second Round of the 2023 Superbike World Championship season One of the most viewed boxing events of recent Ariful Hasan Shuvo is a professional sports content writer and business enthusiast. Winner's share: $3.6 million. Akshay Bhatia plays his shot from the tenth tee during the second round of the 2022 Butterfield Bermuda Championship at Port Royal Golf Course in Southampton, Bermuda. GNN may earn a commission from sales generated by those links. When founded in 1990 as the Ben Hogan Tour (1990-92 . Pereira isn't in the field for this week's U.S. Open, but is expected to make his PGA Tour debut at the Travelers Championship in Cromwell, Connecticut, beginning June 24th. Sometimes we post sponsored content from this account, and it is labeled as such. The 2023 Korn Ferry Tour schedule features record prize money and three new events as well as stops in five countries and 18 states across the nation. Phillips knew where he stood in the tournament thanks to a scoreboard behind the 18 th green, but was able to roll in his par putt on the final hole to preserve a two . So in addition to closing out an improbable three-under 69 on Sunday (improbably thanks to an opening double bogey) to claim his first career tour victory, the 31-year-old will gladly be re-arranging his schedule for the next few days. There are a few situations where the Korn Ferry Tour doesn't follow its standard purse payout and distribution formula. The Bahamas Great Exuma Classic at Sandals Emerald Bay features a new wave of golfers will look to earn their cards for the 2023-24 season. Korn Ferry Tour. a. He's played in the Olympics (2016) and a Presidents Cup (2019). 2021 Korn Ferry Tour Championship final leaderboard, 2021 Korn Ferry Tour Championship leaderboard, 2021 Korn Ferry Tour Championship prize money, 2021 Korn Ferry Tour Championship prize money payout, 2021 Korn Ferry Tour Championship winners share. Sometimes we post sponsored content from this account, and it is labeled as such. This event runs from Thursday through Sunday. I knew the front nine was gettable and I knew in the afternoon this back nine plays tough. The field of 156 will be cut to the low 65 scores, including ties, for the final two rounds Saturday and Sunday. FALMOUTH, Maine When Pierceson Coody earned the No. A record $28 million in total prize money highlights next year's Korn Ferry Tour season, which the PGA Tour announced Tuesday will feature 26 events, each with at least a $1 . Save my name, email, and website in this browser for the next time I comment. This is the standard 18 percent payout according to the chart. Stretching our season into October while maintaining a 26-event schedule allowed us to compose a strong tournament calendar with natural breaks, optimal golf course conditions, as well as providing our 30 graduates with time to prepare for their transition to the PGA Tour, which will begin in January 2024, said Korn Ferry Tour President Alex Baldwin. Mullinax, a 30-year-old who played collegiately at the University of Alabama, has won twice on the Korn Ferry Tourin 2016 and again in 2020and had a second-place tie at the 2018 Valero Texas . 1, 3, 5, 7, and 8, along with an eagle at the par-5 sixth), Coody built a seven-stroke lead and ultimately closed out a five-stroke victory with seven straight pars after back-to-back bogeys at Nos. Call 1-800-GAMBLER (NJ/WV/PA/IL) or 1-800-9-WITH-IT (IN only) or 1-800-BETS-OFF (IA only) or 1-800-522-4700 (CO Only) or TN REDLINE: 800-889-9789. 2022 Korn Ferry Tour Championship final leaderboard, 2022 Korn Ferry Tour Championship leaderboard, 2022 Korn Ferry Tour Championship prize money, 2022 Korn Ferry Tour Championship prize money payout, 2022 Korn Ferry Tour Championship winners share. Those purses are slated to be $1 million both this year and next, reflecting that increase in stature and another mad dash for one last chance to earn a PGA Tour card. All Korn Ferry Tournaments follow the Korn Ferry Tour's prize money distribution chart in terms of purse and payouts. 1 player on the final 2023 Korn Ferry Tour Points List will continue to earn an exemption into the Players Championship and the U.S. Open in 2024. Last week: Chris Kirk won the Honda Classic. Its when 25 of the dreamers, the journeymen or the young prospects make it official and earn their PGA Tour cards for the next season. The tour said the purse increases were approved by the PGA Tour board in March 2020 and were supposed to start this year. Hes got full status this year and will look to find his spark again. The Korn Ferry Tour season is over, and a new season will start in 2022. For full results and payout, go to the next page, For full results and payout, go to the next page Including stops in the Bahamas, Panama, Columbia and a new one in Chile, Korn Ferry Tour pros will get to travel plenty. The minimum purse now stands at $750,000 when it was just last year around 600k before that; meaning winners can expect an additional 135K (18%) on top of their winnings! The winner of the Korn Ferry Tour Championship will also earn 20 Official World Golf Ranking points, boosting their world ranking. The minimum purse for regular-season events this year is $600,000. Two weeks later, the finals conclude at Korn Ferry Tour Championship at Victoria National Golf Club in Newburgh, Indiana, from Oct. 5-8. including schedule and prize money, will be updated soon. The LECOM Suncoast Classic is contested at Lakewood National Golf Club in Lakewood Ranch, Florida, and will be held the week of April 20-23, 2023, with 156 players competing for a $1,000,000 purse. It is announced for this Friday in Florida. Minimum purses now are at $600,000, with $108,000 going to the winner. By virtue of finishing T-45 at Korn Ferry Q School last November, he entered this . Coody, who along with his fraternal twin brother, Parker, is a third-generation professional golfer and grandson of 1971 Masters Tournament winner Charles Coody, rose from No. With No.1 David Micheluzzi declining his exemption, Coletta is now eligible to enter the World City Championship in Hong Kong from March 23-26 along with Andrew Martin, Tom Power Horan, Deyen . This year, the event took place at the Victoria National Golf Club, located in Newburgh, Indiana, US. . In 2023, Korn Ferry Tour members will compete for $28 million in total prize money, marking the highest purse in Tour history and a 37.6 percent increase from the previous season ($20.35 million in 2022). . Gambling problem? Korn Ferry Tour raising tournament prize money, A battle for No. The WGCs are a lucrative no-cut opportunity for golfers at the top of the World Ranking. The total purse is set for $1 million. We use the Golf News Net byline sometimes just to change things up. Check out how much money each PGA Tour player earned this week at the 2022 Honda Classic. 1, a loaded LPGA field and more to watch in golf this week, Here's everything you missed this week in professional golf, Quigley fires 65 for early lead on PGA Champions, Kitayama handles windy Bay Hill as Rahm falters, Tiger not part of field for next week's Players, Young stretches lead to 4 in Puerto Rico Open, Rahm stays hot, finishes strong for Bay Hill lead, Rookie Young captures Puerto Rico lead with 63, Szokol opens with 64, up 3 shots in Singapore. Both victories saw Riley cash at 40-1 odds. Coodys win came in just his third Korn Ferry Tour start, and at 22 years, 5 months, and 19 days old, he became the second-youngest winner on Tour this season, only behind Akshay Bhatia. The guy that bettors are scrambling to back for Most Valuable Player threw for an average of 149.5 yards per game in 2022. And now there are renewed headlines of a competitive enterprise backed by Saudi Arabian cash offering stars $20 million or $30 million upfront and astronomical prize money. Korn Ferry Tour members will play for bigger purses, with a minimum of $1 million by 2023. Minimum purses will increase next year to $750,000 and then to $1 million in 2023. Learn more about troubleshooting WordPress. This year, the season ender - the . In his last full Korn Ferry season in 2018, Pereira had just one top-10 in 21 starts and finished 129th on the money list with only $37,848. . Bramlett delivered a second-consecutive 65 at the difficult host course, giving him a four-shot win over Trey Mullinax on 20-under 268. GNN may earn a commission from sales generated by those links. When founded in 1990 as the Ben Hogan Tour (1990-92), the Korn Ferry Tour featured a total purse of $3 million across 30 total events, averaging $100,000 per tournament. The PGA Tour makes its second stop in Mexico in the 2021-2022 season. then impressed on the Korn Ferry Tour last year, becoming a PGA Tour rookie. These purse increases reflect the strength and depth of talent playing on that tour. The 2021 Korn Ferry Tour Championship final leaderboard is headed by winner Joseph Bramlett, who earned the big win with a victory at Victoria National Golf Club in Newburgh, Ind. Typically, the second place player gets 9 percent of the total purse (it was formerly 10.8 percent before a 2020 change to flatten the pay scale).