You are browsing glossary terms with label annual

Compa-ratio Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home2

English

Definition

Compa-ratio (CR) is the comparison, expressed in percentage, of Annual Base Salary (ABS) and Short-Term Incentive (STI) Target Amount (both together Total Cash Target)) to the Salary Range Midpoint.

Words Linked: Annual Base Salary (ABS); Short-Term Incentive (STI); Total Cash Target (TCT)

Synonym(s)

Abbreviation(s)

    CR

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Salary review Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home2

English

Definition

Salaries are reviewed yearly as part of the annual compensation planning campaign, which usually takes place in March/April. The employee performance, the compa-ratio of the current base salary and the allocated country merit budget are drivers of this review and can result in a merit increase.

Synonym(s)

    Annual salary review , merit , merit increase

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