Enter the current salary ($) and the average market rate for position ($) into the Compa Ratio Calculator. The calculator will evaluate and display the Compa Ratio.
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Compa Ratio Formula
The following formula is used to calculate the Compa Ratio.
CMPR = CS / MA * 100
- Where CMPR is the Compa Ratio (%)
- CS is the current salary ($)
- MA is the average market rate for position ($)
How to Calculate Compa Ratio?
The following example problems outline how to calculate Compa Ratio.
Example Problem #1:
- First, determine the current salary ($).
- The current salary ($) is given as: 60,000.
- Next, determine the average market rate for position ($).
- The average market rate for position ($) is provided as: 50,000.
- Finally, calculate the Compa Ratio using the equation above:
CMPR = CS / MA * 100
The values given above are inserted into the equation below and the solution is calculated:
CMPR = 60,000 / 50,000 * 100 = 120 (%)
Example Problem #2:
For this problem, the variables required are provided below:
current salary ($) = 70,000
average market rate for position ($) = 80,000
Test your knowledge using the equation and check your answer with the calculator above.
CMPR = CS / MA * 100 = ?
