Simple Metrics: How to Use Compa-Ratios to Guide Compensation Decisions
How competitive are your institution’s salaries? How equitable is pay among your workforce? One quick way to identify potential trouble spots is with comparison ratios, or compa-ratios for short. A compa-ratio is one of the most common metrics for pay. Simply stated, a compa-ratio compares an individual employee’s salary to the midpoint of a given... View Article