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Wednesday - 8 Feb 2012

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Compa ratio
Human Resources » Compensation & Benefits


Chrm Message From: prasad2saphr@gmail.com Total Posts: 2 Join Date: 17/08/2009
Rank: Beginner Post Date: 27/08/2009 07:00:16 Points: 10 Location: India
Hi All,

Can any one let me know with few examples how comparatio used in real time

Regards,
Prasad
Chrm Message From: Sharon John Total Posts: 3 Join Date: 17/08/2009  
Rank: Beginner Post Date: 14/04/2010 11:50:06 Points: 15 Location: India

Hi  Prasad,

Compa ratio is an indicator which tells you the positioning of an employee's salary vis a vis the market. Typically companies use this to determine which are the employees lying  either below, at,or higher than the market. This provides a significant input to the increment process. A compa ratio equal to 1 is considered to be at market level.

 

Chrm Message From: somabiswas2005 Total Posts: 4 Join Date: 17/08/2009  
Rank: Beginner Post Date: 05/05/2011 04:16:34 Points: 20 Location: India

Hi,

Can you please explain the process of how to do and thing to be remember/consider while doing compa ration for an existing employee.

 

Regards,