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

AIHR

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. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 3. ” 9. ” 10.

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What is Compensation Management?

HRsoft

Compensation management strikes the balance between the competitive landscape of the industry, regulatory requirements, and employee expectations. What Is Compensation Management And Why Is It Important? It is a critical element in talent management, as it affects recruiting, retention, and operating budgets.

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Walking Up a Descending Escalator & Other Crazy Pay Policies

Compensation Cafe

This particular grudge deals with the illogical and mathematically impossible system of pay progression that seems to be almost universally embraced. For example: if you increase your grade midpoints 3% every year while the average employee gets a 4% pay increase, the average worker's Compa-Ratio will only improve one percent per year.

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