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 ($)
- MA is the average market rate for position ($)
To calculate a compa ratio, divide the current salary by the average market salary for the position, then multiply by 100.
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 = ?
