PHRi Exam Dumps : Professional in Human Resources – International

Wellness programs aim to improve employee health and reduce illness, thereby lowering health care costs for the organization. HRCI explains that wellness initiatives can lead to healthier employees, reducing both absenteeism and overall health-related expenditures.

The compa-ratio is calculated as:

Compa-ratio=(Employee SalaryMedian Salary)×100\text{Compa-ratio} = \left(\frac{\text{Employee Salary}}{\text{Median Salary}}\right) \times 100Compa-ratio=(Median SalaryEmployee Salary​)×100 Compa-ratio=(65,00080,000)×100=81%\text{Compa-ratio} = \left(\frac{65,000}{80,000}\right) \times 100 = 81\%Compa-ratio=(80,00065,000​)×100=81%

A compa-ratio of 81% indicates that the employee’s salary is below the median for the job. HRCI advises using compa-ratio analysis to assess pay competitiveness and equity within an organization.

Creating an action plan helps employees outline how they will apply new skills to their jobs. Action plans provide a structured approach, making it easier for employees to implement what they’ve learned. According to HRCI, action plans are essential in ensuring training effectiveness, as they provide clear, step-by-step guidelines for skill application.