Enter two salaries into the calculator to determine the salary ratio between them. The salary ratio is a way to compare the sizes of two salaries.
Salary Ratio Formula
The following formula is used to calculate the salary ratio:
Salary Ratio = Salary 1 / Salary 2
Variables:
- Salary 1 ($): The first salary amount to compare.
- Salary 2 ($): The second salary amount to compare.
To calculate the salary ratio, divide the first salary by the second salary. The result is typically expressed as “1 : ratio” to indicate the proportion of Salary 1 to Salary 2.
What is a Salary Ratio?
A salary ratio is a comparative metric that expresses the relationship between two different salary amounts. It is often used in business and human resources to compare the pay rates of different positions, to ensure fair compensation, or to analyze wage gaps.
How to Calculate a Salary Ratio?
The following steps outline how to calculate the Salary Ratio.
- First, determine Salary 1 ($).
- Next, determine Salary 2 ($).
- Use the formula to calculate the Salary Ratio = Salary 1 / Salary 2.
- Express the result as a ratio, typically “1 : ratio”.
- Use the calculator above to check your calculations.
Example Problem:
Use the following variables as an example problem to test your knowledge.
Salary 1 ($) = $75,000
Salary 2 ($) = $50,000
