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[DOC File]Appendix A: Glossary of classification terms
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See formula below: Compa – ratio = Incumbent Salary/ Midpoint or Control point of Range. Compensation – Cash provided by an employer to an employee for services rendered. Compensation comprises the elements of pay (e.g., base pay, variable pay, etc.) that an employer offers an employee in return for his or her services. ...
salary range midpoint definition

[DOC File]BUILDING YOUR EMPLOYEE CLASS FOUNDATION
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Midpoint of Pay Range Roll the salary range midpoint times the position appointment percent times the greater of the following: the number of budgeted FTEs. or. the number of incumbent FTEs. Note: The salary range midpoint reflects probable salary/rate and may not be the mathematical midpoint of the range. For additional information, refer to ...
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[DOC File]The HCC Compensation Study: Questions & Answers
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The midpoint of a particular range – halfway between the minimum and maximum -- is considered the “going market rate” for that type of position. The compensation study compared the midpoints of HCC’s salary ranges with the midpoints of other employers.
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[DOC File]art.history
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Compare the two pay lines using a scatter diagram. Using graph paper or a computer plotting program plot job point ratings against current rates of pay for each job. The X-axis should be labeled points and the Y-axis as monthly salary. Start both scales at 0 in the lower left-hand corner and allow an inch for each 100 points and $200 in salary.
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[DOC File]If you have any questions regarding this recommendation or ...
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If you are considering hiring for a finance related position, please contact HR for assistance with developing a job description and salary range. Position Title Minimum Mid-Point Maximum Sr. Accountant (Exempt) $58,778 $71,664 $80,371 Accountant (Exempt) $47,921 $58,939 $69,655
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[DOC File]April 1, 2010
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Oct 12, 2011 · Salary range adjustments. After the salary increases, all employees’ salaries are to be within the range, i.e., no increase is to result in a final salary that would exceed the range maximum or to fall below the range minimum. The salary grade structure for MSP and PSS positions will be adjusted by approximately 6% at the midpoint.
salary midpoint definition

Midpoint salary range formula