Analytics in HR

JANUARY 19, 2021

It was a fair comparison because of the size and geographical spread of both organizations. As an example, Slack traditionally compensated employees based on localized benchmarks in their New York and San Francisco offices. Salary benchmarks provide data points, whether it is worth it or not to pay an employee above the average salary.

Analysis 62

Analysis Compensation HR Software Hiring Software 62

Analytics in HR

MARCH 7, 2022

However, usually, these conclusions tend to be made based on a comparison with peers working in the same job and industry. Tracking metrics like compa ratio and salary range penetration will also help you spot employee compensation issues when they arise and allow you to rectify them as soon as possible.

Compensation 88

Compensation COMPAS Background screening HR Planning 88

Analytics in HR

JUNE 15, 2021

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 105

COMPAS Wage and Hour Training Compensation Hiring Software 105