Asked by
Cecily Goddess
on Nov 18, 2024
Verified
A compa-ratio above 1 would emerge when there are a lot of new employees.
Compa-Ratio
An index that indicates how an individual’s or a group’s salary relates to the midpoint of their relevant pay grades.
- Comprehend the significance of compa-ratios in evaluating employee compensation.
Verified Answer
AO
Learning Objectives
- Comprehend the significance of compa-ratios in evaluating employee compensation.
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