Or as it's best described, the 'just about good enough and at least it's something' method. If you are doing your noise measurements yourself I'd always recommend aiming to at least do the HML route, and if you are getting someone in and paying good money for the noise assessment I'd insist on getting the octave band route. But, assuming you can't do the HML one, or simply don't want to, the SNR is always there as a fall-back and it is considered 'suitable' and compliant with the Noise Regs so you won't be sharing a cell with Big Dave the Troubled Sex Pest for an insufficient assessment if you use it over the other two methods.
Despite how it sounds, SNR is not a foreign railway but stands for Single Number Rating, and guess what, it's a single number used for rating hearing protection and is usually found on all packaging for hearing protection, be it muffs or plugs.
By the way, just to confuse you, sometimes you may see the number, especially online, as NRR - noise reduction rating. It's the same thing, kind of. NRR is used by our Yankeeland brethren while SNR is the European one. Some hearing protection sold internationally may show one or both and the numbers for each may differ slightly occasionally. Just ignore NRR if you see it.
As an example, despite the spelling of the product name meaning that the marketing person who came up with it is in need of a good thrashing for this abomination against the English language, the Laser Lite plug is a very common one in use across industry and is a good choice. It's the one which has streaks in it and is vaguely like an old pear drop. Except don't suck it. Especially after it's been in an ear. Especially if it was someone else's ear other than yours. Anyway, the plug has an SNR figure of 35dB.
For SNR to be of use, what you need is a single measurement of your noise, the C weighted sound level. To be clear, that is the average dB(C) value on your meter and NOT the dB(A) or even the dB(C) peak level, but the C time weighted average reading which will be lower than the peak but probably higher than the dB(A) average. Using the C-peak by mistake may cause headaches as it is almost always higher and can cause you to decide hearing protection is not good enough when it really is.
The calculation is then easy. Go to Noisemeters.co.uk Resources section and use their SNR calculator page. Put your noise reading in one box and the SNR from the protector in the other and you are done. It will tell you if your protector is good enough.
Screenshot it or press the report button and you have your proof of having done the assessment. In this case, the protector is good for our example noise level of 104dB(C).