How are compa-ratios calculated?
A)the green circle rates midpoint divided by the normal pay range
B)the pay rate divided by the market line rate
C)the pay rate divided by the pay range midpoint
D)the red circle rates divided by the normal pay range

Question

Quizplus · Accepted Answer

Comp-ratios are calculated by dividing an employee's current pay rate by the pay range midpoint for their position. This helps determine how their salary compares to the target salary for their position, which can then be used to make decisions about raises or adjustments.

How Are Compa-Ratios Calculated