Excel for HR - What is Compa-Ratio and How to Calculate it

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caripros-hr-an... Topic: What is Compa-Ratio and How to calculate Compa-ratio for employees
Related Topics: Merit Matrix, Salary Structure
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[@wesharela6373]

Omg your video is seriously informative and great and has really helped me understand compa-ratio well ! This is so great for my exams !! Awesome! THANK YOU! Keep up the great work!!!! :D

[@satadrusinha7097]

In d11 coloum you have mentioned heading compa ratio tell me from where you are determining that value and what is the purpose of mentioning that coloum

[@omaralkarnos4488]

Thanks a lot, i will complete watching the other vids, this really helpful as i'm working on presenting a Merit Increase proposal to the management.

[@virginaregan9777]

Good job, 👌the presentation is well expressed.

[@CariprosHRAnalytics]

Thank you Virgina!

[@surajkumar-zb3ey]

You are a blessing 👍

[@mariajauslin1107]

Could you please show exactly how are those min, mid and max salaried calculated?

[@jgonzalez1984mx]

You need a compensation course

[@kurniafitra]

Thank you so much!

[@rajeshvasudevan3900]

Thanks for your videos, very informative. I started to implement this, thanks a lot. I have one doubt regarding Market Median Salary. how do we derive this info, is this based on salary survey ? suppose we say HR manger salary say between 35,000 to 40,000/-. So how do we consider Market Median Salary, please help me to solve my enquiry, thanks

[@CariprosHRAnalytics]

Hi Rajesh - yes the market median salary are provided by market survey vendors like Mercer, Hay Group, etc. They are not free but quite accurate. If you want free information, websites like Payscale would be of a reference (but not as accurate). eg www.payscale.com/research/CA/School=Concordia_University%2c_Montreal/Salary if you check this out, it would provide some salary info by job and by location, etc.

[@rajeshvasudevan3900]

thanks a lot for the reply in deatil, much appreciated

[@jasondong9293]

It is very useful

[@mennanafel1906]

Thank you