The ________ is an index of the correspondence between actual and intended pay.
A)pay grade
B)pay midpoint
C)compa-ratio
D)range spread
E)pay range

Question

Quizplus · Accepted Answer

Compa-ratio, also known as comparison ratio, is a calculation used to determine how closely an employee's salary aligns with the midpoint or target salary for their position. It is calculated by dividing the employee's current salary by the midpoint of the salary range for their position, and is expressed as a percentage. A compa-ratio of 100% indicates that the employee's salary is exactly at the midpoint, while a compa-ratio of less than 100% indicates that the employee is paid below the midpoint and a compa-ratio of more than 100% indicates that the employee is paid above the midpoint.

The ________ Is an Index of the Correspondence Between Actual