Reward Advisor is a free AI assistant designed to answer practitioner questions across core compensation principles, variable pay, HR analytics, HR metrics, and practical statistics for HR.
What Topics Can You Ask Reward Advisor?
Reward Advisor helps HR professionals, compensation analysts, and people managers quickly look up formulas, definitions, and practical guidance across key areas:
1. Compensation & Base Pay
- “What is compa-ratio and how is it calculated?”
- “What is the difference between compa-ratio and range penetration?”
- “How do you calculate salary range spread from minimum to maximum?”
- “What is pay compression and what are common methods to resolve it?”
2. Variable Pay & Incentive Design
- “What is the difference between a bonus and a sales commission?”
- “How do threshold, target, and maximum performance gates work in bonus plans?”
- “What is bonus proration and how is it calculated for mid-year hires?”
- “What are common short-term incentive (STI) performance metrics?”
3. HR Metrics & Workforce Analytics
- “What are the key metrics to monitor hiring effectiveness?”
- “How do you calculate annual employee turnover and voluntary attrition rates?”
- “What metrics measure internal promotion velocity and career mobility?”
- “What is quality of hire and how can organizations track it?”
4. Practical Statistics for Compensation & HR
- “Why do compensation practitioners prefer the median over the mean?”
- “How do salary percentiles (P25, P50, P75, P90) work in market benchmarking?”
- “How do you detect salary outliers in compensation datasets?”
- “What is standard deviation and how is it used in pay dispersion analysis?”
Frequently Asked Questions
What is Reward Advisor?
Reward Advisor is a free conversational knowledge bot designed to answer questions on compensation formulas, variable pay mechanics, workforce metrics, and HR statistics.
How should I ask questions?
You can ask directly for definitions, calculations, or lists of metrics (e.g., “What are the metrics to monitor hiring effectiveness?” or “How do you calculate compa-ratio?”).
Does Reward Advisor require sensitive employee data?
No. Reward Advisor is a general knowledge and reference assistant. Never enter confidential employee salaries, personally identifiable information (PII), or private company data into the tool.
Is Reward Advisor free to use?
Yes. It is a completely free, open resource provided by RewardsDNA to support the HR and Total Rewards community.