Adverse Impact Ratio Calculator
Definition
- Adverse Impact Ratio (AIR): A measure used to determine if there is a discriminatory effect in employment practices.
- Selection Rate for Minority Group (SRm): The rate at which the minority group is selected.
- Selection Rate for Majority Group (SRM): The rate at which the majority group is selected.
Example
Let's say the selection rate for the minority group (SRm) is 0.2, and the selection rate for the majority group (SRM) is 0.5. Using the formula:
\[
AIR = \frac{0.2}{0.5} = 0.4
\]
So, the adverse impact ratio is 0.4.
Extended information about "Adverse-Impact-Ratio-Calculator"
Online Adverse Impact Calculator
Definition: An online tool to calculate adverse impact in hiring or employment practices.
Formula: \( \text{Adverse Impact Ratio} = \frac{\text{Selection Rate of Group A}}{\text{Selection Rate of Group B}} \)
- Adverse Impact Ratio: The ratio of selection rates between two groups
- Selection Rate of Group A: The selection rate of the protected group
- Selection Rate of Group B: The selection rate of the comparison group
Example: \( \text{Adverse Impact Ratio} = \frac{0.6}{0.8} \)
- Selection Rate of Group A: 60%
- Selection Rate of Group B: 80%
Impact Ratio Analysis Calculator
Definition: A tool to analyze the impact ratio in employment practices to ensure compliance with equal opportunity laws.
Formula: \( \text{Impact Ratio} = \frac{\text{Selection Rate of Group A}}{\text{Selection Rate of Group B}} \)
- Impact Ratio: The ratio of selection rates between two groups
- Selection Rate of Group A: The selection rate of the protected group
- Selection Rate of Group B: The selection rate of the comparison group
Example: \( \text{Impact Ratio} = \frac{0.5}{0.7} \)
- Selection Rate of Group A: 50%
- Selection Rate of Group B: 70%
How to Measure Adverse Impact
Definition: Measuring adverse impact involves comparing the selection rates of different groups to identify potential discrimination.
Formula: \( \text{Adverse Impact Ratio} = \frac{\text{Selection Rate of Group A}}{\text{Selection Rate of Group B}} \)
- Adverse Impact Ratio: The ratio of selection rates between two groups
- Selection Rate of Group A: The selection rate of the protected group
- Selection Rate of Group B: The selection rate of the comparison group
Example: \( \text{Adverse Impact Ratio} = \frac{0.4}{0.6} \)
- Selection Rate of Group A: 40%
- Selection Rate of Group B: 60%
How to Calculate Impact Ratio Analysis
Definition: Impact ratio analysis calculates the ratio of selection rates between different groups to identify adverse impact.
Formula: \( \text{Impact Ratio} = \frac{\text{Selection Rate of Group A}}{\text{Selection Rate of Group B}} \)
- Impact Ratio: The ratio of selection rates between two groups
- Selection Rate of Group A: The selection rate of the protected group
- Selection Rate of Group B: The selection rate of the comparison group
Example: \( \text{Impact Ratio} = \frac{0.55}{0.75} \)
- Selection Rate of Group A: 55%
- Selection Rate of Group B: 75%
How to Calculate Adverse Impact 80% Rule
Definition: The 80% rule is a guideline for determining adverse impact by comparing the selection rates of different groups.
Formula: \( \text{Adverse Impact Ratio} = \frac{\text{Selection Rate of Group A}}{\text{Selection Rate of Group B}} \)
- Adverse Impact Ratio: The ratio of selection rates between two groups
- Selection Rate of Group A: The selection rate of the protected group
- Selection Rate of Group B: The selection rate of the comparison group
Example: \( \text{Adverse Impact Ratio} = \frac{0.7}{0.9} \)
- Selection Rate of Group A: 70%
- Selection Rate of Group B: 90%
Expense Ratio Impact Calculator
Definition: This calculator helps determine the impact of expense ratios on investment returns.
Formula: \( \text{Impact} = \text{Initial Investment} \times \left(1 - \frac{\text{Expense Ratio}}{100}\right)^{\text{Years}} \)
- Impact: The effect of the expense ratio on investment returns
- Initial Investment: The initial amount invested
- Expense Ratio: The annual expense ratio as a percentage
- Years: The number of years the investment is held
Example: \( \text{Impact} = 10000 \times \left(1 - \frac{1.5}{100}\right)^{10} \)
- Initial Investment: $10,000
- Expense Ratio: 1.5%
- Years: 10
7Search Calculator© - All Rights Reserved 2024
