The formula commonly used by compensation professionals to assess the competitiveness of an employee’s pay level involves calculating a ‘`compa-ratio’”. Compa-ratio is the short form for Comparative ratio. ==Calculation== Compa-ratio is calculated as the employee’s current salary divided by the current market rate as defined by the com.....
Found on
http://en.wikipedia.org/wiki/Compa-ratio
The ratio of an actual pay rate to the midpoint for the respective pay grade used for comparing actu
Found on
http://www.encyclo.co.uk/local/22403
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