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Compa-ratios are position specific. Each position has a salary range that includes a minimum, a midpoint, and a maximum. These three values represent industry averages for the position. A compa-ratio of 1.00 or 100% means that the employee is paid exactly what the industry average pays and is at the midpoint for the salary range.
Mid-range. In statistics, the mid-range or mid-extreme is a measure of central tendency of a sample defined as the arithmetic mean of the maximum and minimum values of the data set: [1] The mid-range is closely related to the range, a measure of statistical dispersion defined as the difference between maximum and minimum values.
Average wage is the mean salary of a group of workers. This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country. The usefulness of this measure in assessing wage levels is debatable, particularly in an economy where low pay is prevalent ...
The payroll data is current as of March 2022 and reflects salary data — not incentives or bonuses or other pay — for nearly 6,000 workers. What do Mecklenburg County employees make? Check out ...
That’s the figure at the midpoint of the range. So the median salary for CCG employees is $49,961.60 ($43,090.84 last year), meaning half of the employees earn more and half earn less than that ...
Median. Finding the median in sets of data with an odd and even number of values. In statistics and probability theory, the median is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution. For a data set, it may be thought of as "the middle" value.
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