Tag: compensation

The labor cost of an employee can be a significant portion of overall operating cost. Being a strategic business partner means knowing what that impact is.

An HR Metric: Compa-Ratio

An HR Metric: Compa-Ratio

Compensation is an integral part of an organization’s budget strategy. It is important to understand the current state of your employees’ pay. Compa-ratio is a versatile metric to compare your compensation plans and strategies internally and externally.   What is Compa-Ratio?   This metric compares an individual’s salary against a salary range. You can use […]

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