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

Analytics in HR

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. HR term example: “The HR department analyzed the compa ratio to assess the fairness of our salary distributions.” ” 10. ” 13. ” 14.

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A Guide to Compensation Analysis

Analytics in HR

Although compensation analysis can be a complex process, it is a necessary tool to ensure fair workplace practices and contribute to your employee engagement strategy. A compensation analysis is a vital component of an organization’s talent management strategy , as it helps attract and retain the best employees on the market.