Meaning & use

comp check

noun·Advancedinformalbusinessfinance

Last updated

UK/ˈkɒmp tʃek/
US/ˈkɑːmp tʃek/

Meanings

  1. nouncountableinformalbusinessfinance

    A review that compares your pay with what similar workers are paid.

    Grammar: Countable: you can say 'a comp check' or 'several comp checks'.

    Patterns

    • do a comp check
    • ask for a comp check
    • a comp check on something

    Before the review meeting, my manager ran a comp check on my salary.

    The company does a comp check every year to see if pay is fair.

    Her comp check showed she was paid less than others in the same role.

  2. nouncountableinformalbusinessfinance

    A quick check that figures or totals match, especially in sales or accounting.

    Grammar: Often used with 'do' or 'run': run a comp check on the numbers.

    Patterns

    • run a comp check
    • a comp check on something

    Please run a comp check on these sales figures before we send the report.

    A comp check found two errors in the monthly totals.

Word forms

pluralcomp checks

Common combinations

run a comp check
The finance team runs a comp check at the end of each quarter.
do a comp check
Can you do a comp check on these numbers?
annual comp check
The annual comp check helps keep salaries competitive.
comp check on something
We need a comp check on the new hires' pay.

Synonyms and how they differ

salary review
More formal and usually means a full discussion of pay, not just a quick comparison.
benchmarking
A broader business term for comparing performance or pay against standards; 'comp check' is the short, informal office phrase.

Word family

comp noun
Informal short form of 'compensation', meaning pay and benefits.

Commonly confused: comp check or comp?

comp check vs comp

'Comp' alone means pay or a free ticket; 'comp check' is the comparison review, not the payment itself.

Practice

Before offering the job, HR ran a ______ to see if the salary was fair.

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