How to Calculate Midpoint Formula for Salary Ranges, Compensation Analysis
In this video, I share how to calculate the Midpoint and Midpoint differentials, which can help for calculating and validating salary ranges.
Every salary range has a min and max, but if you aren’t reviewing the midpoint, you could be missing the boat when it comes to effectively validating those ranges.
Whether you are validating the salary range structure internally, by ensuring that movement and promotions between levels is doable, or externally by comparing market data, the MIDPOINT is critical for all of these scenarios!
Grab a FREE compensation metrics cheatsheet right here: https://timesavingtemplates.com/compe...
To access the template used in the example, you can visit - https://timesavingtemplates.com/sp/ta...
#ExcelFormulas #Midpoints #MidpointsDifferentials #ExcelSpreadsheets #CompensationAnalysis