Which of the Following Statements Refers to Compa-Ratio

question 35

Multiple Choice

Which of the following statements refers to compa-ratio?

• A) It is calculated by averaging the pay ranges in the quartiles.
• B) It is a measure of pay dispersion across employers.
• C) It is derived by dividing mean base pay by the midpoint of the pay range.
• D) It is a calculation based on average base pay for each job.

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Definitions:

Increases

Refers to the action or process of becoming larger, greater, or higher.

Ages

The different stages of life through which an individual progresses, from birth to death.

Birth Order

The order in which siblings are born, an important concept in Alfred Adler’s psychology.

Conscientiousness

A personality quality that embodies a person's prowess in organization, steadfastness, and a considerable sense of duty.