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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

It’s a handy reference to refer to the next time you encounter an unfamiliar term. Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range. ” 3. ” 10. ” 15.

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How to structure employee compensation

Workable

For example, paying higher salaries than the market can result in hiring the best candidates and retaining your best employees. Before you collect the data, compare the job description provided by the website to the one from your job analysis to ensure they refer to the same role. Recruiter with salary of $50,000.

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