How to Calculate Midpoint Formula for Salary Ranges, Compensation Analysis

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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!

#ExcelFormulas #Midpoints #MidpointsDifferentials #ExcelSpreadsheets #CompensationAnalysis
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Great video! So helpful with creating a range from scratch for consulting, especially after leaving corporate America where the Mercers and Worlds-at-Work have done it for me in the past; I'll definitely be purchasing the bundle.

josephcarey
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Great job,
What if you are giving salary annually only, how do you find the pay range midpoint?

SheilaArchie