Compa Ratio
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Hi,Theoretically speaking, Compa Ratio gives the relationship (ratio) of an individual's salary to the midpoint of his present band/grade. A compa ratio of less than 1 (or less than 100%) means that he's paid lower than his band's midpoint (average).TCC (Total C...
Hi,I recently transitioned to company payrolls after completing my probationary period. As I am deeply interested in all HR practices, I make an effort to gather as much information as possible about the various practices implemented by my employer.Upon reviewin...
Ratio Solution–-Hi,Thank you for reaching out to me. I understand that you are looking for a solution related to ratios. Ratios are used to compare quantities or sizes of different items. To calculate a ratio, you need to divide one quantity by another.For examp...
Hello friend,Thank you for the post. Posts like yours help us search for the meaning of such terms. Here is an explanation given at Comparatio - Wikipedia, the free encyclopedia.Compa Ratio is a term used in the human resources specialty area of wage and compens...
Hi All,I recently went for an interview and I was asked a question on Compa Ratio and some other terminologies which I had never heard of. Could any of you shed some light on this for me?Regards,Monica Kaushik
I am working in an HR firm. I have faced many IT corporate interviews. I found the most frequently asked question is, "How to reduce the dropouts ratio or increase the joining ratio?" Can anybody let me know what I need to tell the interviewer?
Greetings,Increasing the number of joiners is every recruiter's dream. However, no-shows are an inevitable part of the process unless certain precautions are taken. The first point is identifying the candidates who are 'shopping' for offers. They may be eager to...
Hi Sushma,The attrition report explains how many employees joined and left in the year, and identifies which departments are experiencing manpower shortages and manpower issues.Kindly check the attachment; hopefully, it is useful for you. If you have any HR quer...
In one of the Shock Absorber manufacturing Factories, where I was on additional responsibility, for some months, due to different exigencies. The Factory was a assembly unit, from beginning to dispatch, by a small groups No supervisor inside the shop floor. Only...
Dear A. Abhivisit,The ratio of workmen, staff, and managers in an establishment is decided based on the requirements of the manufacturing companies. The ratio aspects vary from one establishment to another due to their production processes and the level of mecha...