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Compa-Ratio Calculation: Employee's Annualized Pay Rate Midpoint For Employee's Pay Grade

Compa-ratio is a calculation that compares an employee's actual annual pay rate to the midpoint pay rate for their respective pay grade. It is calculated by dividing the employee's current annual pay rate by the midpoint pay rate for their pay grade. A compa-ratio of 1 means the employee is paid exactly at the midpoint, while a ratio above 1 means they are paid above the midpoint.

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314 views

Compa-Ratio Calculation: Employee's Annualized Pay Rate Midpoint For Employee's Pay Grade

Compa-ratio is a calculation that compares an employee's actual annual pay rate to the midpoint pay rate for their respective pay grade. It is calculated by dividing the employee's current annual pay rate by the midpoint pay rate for their pay grade. A compa-ratio of 1 means the employee is paid exactly at the midpoint, while a ratio above 1 means they are paid above the midpoint.

Uploaded by

Moderator HRCI
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Compa-Ratio Calculation

Compa-ratio is the ratio of an actual pay rate to the midpoint for the respective pay grade used for comparing actual rates of pay with the mid

Employee's annualized pay rate


Midpoint for employee's pay grade
Compa-ratio

#DIV/0!

omparing actual rates of pay with the midpoint for a particular pay grade within the salary structure. Compa-ratio is calculated by dividing the employee's cu

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