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

Question

Quizplus · Accepted Answer

Comp-ratios are calculated by dividing an employee's pay rate by the pay range midpoint. This helps to determine where an employee's pay falls within the pay range and if it's below, at, or above market rates.

How Are Compa-Ratios Calculated