Compa-ratio = _____.
A) total pay divided by the total number of employees
B) pay level divided by the midpoint of the pay range
C) total pay divided by the midpoint of the pay range
D) pay level divided by the total number of employees

Question

Quizplus · Accepted Answer

Compa-ratio is the comparison of an employee's actual pay to the midpoint of the pay range for a particular job. Therefore, the correct formula is pay level divided by the midpoint of the pay range.

Compa-Ratio = _____