Interesting metric. One question that immediately bubbles up is how does the People org. deal with one-time dramatic moves in pay bands.
e.g. if a Company were to move up Pay Bands for Chemical Engineer by 10% (because of hot market), it wouldn't necessarily provide all incumbent employees with a 10% raise, thus ensuring that the proposed ratio would be >1 for a few comp. cycles
Interesting metric. One question that immediately bubbles up is how does the People org. deal with one-time dramatic moves in pay bands.
e.g. if a Company were to move up Pay Bands for Chemical Engineer by 10% (because of hot market), it wouldn't necessarily provide all incumbent employees with a 10% raise, thus ensuring that the proposed ratio would be >1 for a few comp. cycles