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1 control point
"The reference point in a compensation range that represents the intended average pay for all employees at that compensation level. For grade structures, control points are typically, but not always, the range midpoint. Broad band structures can use control points but rarely do." -
2 midpoint
The reference point that is midway between a range minimum and maximum in a graded compensation plan. It represents the intended average pay for all employees at a certain compensation level. -
3 compa-ratio
"The ratio of fixed pay rate to the grade midpoint (or control point) in graded compensation plans. The ratio is used as a measure of how well an employee is paid relative to the grade structure. The ratio is calculated by dividing the fixed pay rate by the midpoint; for example, an employee with a compa-ratio of less than 1.0 is paid less than the range midpoint. Compensation plans are typically designed so that the average fixed pay rate of all employees at a given grade equals the midpoint of the range."
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