Some metrics are easier to calculate than others. Unfortunately, this one won’t be just tallying up some headcounts. Salary range penetration is going to take a bit of mathematical skill (or a solid excel formula) but is a useful metric. Salary range penetration tells you where a person’s salary specifically falls within a pay range. […]
HR metrics include compensation as well. Salary range penetration provides additional benefits for comparing your workforce's salaries.
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 […]