HR Compensation 101: Position in Range Metric Explained

In this video, I share how to calculate the position in range, which is also referred to as range penetration, for any new or recommended salary. This is a KEY HR metric you need to know if part of your responsibilities are around employee compensation. I’m going over how to calculate it, plus interpreting what it actually means!

Understanding how to use Position in Range in your HR analysis, can be a valuable tool to help with analyzing different salary increase requests, budget modelling and reviewing internal pay equity.

For easy reference, you can download the FREE Compensation Metrics Cheatsheet, which includes several other key HR metrics related to compensation analysis, right here:
https://timesavingtemplates.com/compe...

To find out more about other comp metrics, see this video on Compa-Ratio:    • How to Calculate Compa-Ratio in Excel...  

Also get the Salary Increase template and all compensation related templates with the Base Pay Bundle right here: https://timesavingtemplates.com/sp/co...

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