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A Comprehensive Guide to the Compa Ratio

Analytics in HR

In its original use, compa ratio (or comp ratio, or compensation ratio) is a simple formula designed to compare an individual’s actual salary to the midpoint of a defined salary range. For example, you could use group compa ratio and other data to compare salaries in job groups to other organizations to evaluate external competitiveness.

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OFCCP Compliance: Proactively Prepare for Compensation Audits

Trusaic

Expanding OFCCP compliance is part of a wider shift to drive pay equity at the federal level. Total Rewards leaders and HR professionals should stay informed of changes to ensure compliance with OFCCP compensation audit requirements. Changes to the scheduling letter are far-reaching. Another newly added requirement is Item 21.

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Malicious compliance in the workplace: Causes and prevention

Business Management Daily

The exception to the rule is malicious compliance , which occurs whenever an employee follows company policy but knows that doing so will cause negative consequences to their employer. Malicious compliance often occurs as a direct result of unfavorable work environment practices like micromanagement, unfair practices, or poor compensation.

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What is Compensation Management?

HRsoft

Learn what compensation management is and why it is important to increase employee retention , motivation, and productivity. It is a critical element in talent management, as it affects recruiting, retention, and operating budgets. How to get more out of your compensation management efforts?