How to Build Pay Grades and Salary Ranges
www.payscale.com Step 3: Develop Ranges Calculations & Helpful formulas: o Midpoint Differential. o Distance between midpoints o =(MidB-MidA)/MidA o Range Spread. o Distance between bottom and top of range o =(Max-Min)/Min o Typical range spreads are 30% to 60% o Min relative to Mid. o =Mid/(1+(Range Spread/2)) o Max relative to Min. o =Min*(1+Range Spread) Range ................
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