How to Calculate Pay Parity (Pay Gap)
Pay Gap refers to the difference in average earnings between two or more groups, commonly between men and women. The gender pay gap, for instance, is the average difference between the remuneration for men and women who are working. It is often expressed as a percentage of men's earnings. The pay gap can be influenced by various factors, including discrimination, occupational segregation, differences in education and experience, and other social and economic factors.
This video explains how to calculate how to calculate pay parity (in %) using the MIN and MAX Functions in Excel.
#exceltutorial #trendingvideo #dataanalytics #exceltricks