article thumbnail

The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

This article unpacks 93 HR terms, including a usage example for each. As for the latter, this article is a great place to start. Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. ” 10. ” 15.

COMPAS 89
article thumbnail

A Comprehensive Guide to the Compa Ratio

Analytics in HR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. For example, you could use group compa ratio and other data to compare salaries in job groups to other organizations to evaluate external competitiveness.

COMPAS 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Ways to Promote More Gender Equity in the Workplace

Visier

Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is the pay level midpoint for the role they perform.

COMPAS 174
article thumbnail

OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

In this article we focus on what they mean for pay equity reporting and the move to strengthen pay transparency at the federal level. It relates to ensuring technology based recruiting, screening and hiring procedures like artificial intelligence (AI) do not create barriers to equal employment opportunity.

COMPAS 130
article thumbnail

5 Ways to Promote More Gender Equity in the Workplace

Visier

Start with simple metrics like “female ratio” (looking at the percent of total headcount that are female) by department, role, and/or location, and in your hiring pipelines. Compa-ratio is a classic compensation calculation that indicates how close a person’s base pay is the pay level midpoint for the role they perform.

COMPAS 150
article thumbnail

The 100 HR Indicators Every Manager Needs to Know

EmployeeConnect

If you’re like me, you might also be addicted to listicles, these articles in the forms of bullet-points that distil information in a very digestible way. Recruitment #5. 4 – Recruitment Indicators Average cost per hire: measures the average amount spent to recruit a new employee. Demographic #2.

COMPAS 100
article thumbnail

The New Workforce Gender Equity Factors HR Needs to Watch

Visier

According to this Vox article : “Historical drivers of the gender wage gap — a lack of education among women, for example — are disappearing. In 2015, 90% of new CEOs in the S&P 500 were promoted or hired from line roles — and 100% of these executives were men. The Influence of The Motherhood Penalty. The Problem with Gender Bias.

COMPAS 152