HR Glossary

What is Compa-Ratio?

A metric that compares an employee's actual salary to the midpoint of their assigned pay range, expressed as a percentage, used to assess how competitively an individual is paid.

Why it matters in hiring

Compa-Ratio comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with C

• COBRA
• Cohort-Based Learning
• Commission
• Commuter Benefits
• Compensation Philosophy
• Compensation Review Cycle
• Compensation Structure
• Competency-Based Interview

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.