In merit pay programs,an individual's compa-ratio represents his or her
A)performance rating.
B)position in the pay range.
C)comparable worth versus others.
D)ratio of pay to benefits.

Question

Quizplus · Accepted Answer

Compa-ratio represents an individual's position in the pay range. It is the ratio of an individual's salary to the midpoint of the salary range for their position. This means that if an individual's salary is exactly at the midpoint of the salary range for their position, their compa-ratio would be 100. If their salary is above the midpoint, their compa-ratio would be above 100, and if their salary is below the midpoint, their compa-ratio would be below 100.

In Merit Pay Programs,an Individual's Compa-Ratio Represents His or Her