Here’s a chart that will help with evaluating compa-ratios, says Carroll, who is Director of Professional Services & Education at PayScale, Inc.
Applications Engineer III
Machine Tool Builder III
Machinist II - Department Shift Lead
Customer account manager
Machine Tool Builder I
Here’s a group of employees who have a compa-ratio greater than one; in fact, they earn more than the stated maximums for their positions.
Key Questions for Consideration:
In all the cases above, charting has helped identify areas for further study.
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Carroll recommends that employers consider the following possible cost saving ideas:
From compa-ratios to accommodation to intermittent leave, HRis a constant challenge, and the lawyers are dogging every move. So where are the legal risks? Unfortunately, they’re not obvious. There’s really only one way you can be sure that your systems are operating according to policy—regular audits. The rub is that for most HR managers, it’s hard to get started auditing—where do you begin?
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