Actual pay is lagging behind the pay policy when the compa-ratio is:
A)greater than 1.00.
B)less than 1.00.
C)greater than 100.
D)in the range of 1 to 10.
E)equal to 1.00

Question

Quizplus · Accepted Answer

The compa-ratio directly assesses the degree to which actual pay is consistent with the pay policy. A compa-ratio less than 1.00 suggests that actual pay is lagging behind the policy, whereas a compa-ratio greater than 1.00 indicates that pay (and costs)exceeds that of the policy.

Actual Pay Is Lagging Behind the Pay Policy When the Compa-Ratio