Toolkits to Help You Navigate the Modern Workplace
Professional HR tools to help you make data-driven compensation decisions
Measures how far an individuals salary has penetrated a grade salary range. You use the grade salary maximum and minimum to calculate range penetration.
Pay compression refers to a situation where there very small salary differences between people in the same grade regardless of their performance.
Compa- Ratio measures how competitive a salary for an individual is versus target positions in the grade or based on market positions such as 25th, 50th and 75th percentile.
Pay Structure is made up of grade, minimum salary, midpoint salary and maximum salary. Pay range is the difference between the maximum and minimum salary for grade in percentage terms.