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Developing a Competitive Salary Structure
downloads.erieri.comSalary Grades and Aged Base Salary market data above, the formula suggests that 13.92763% be used as the Midpoint % Progression for the preceding set of numbers. The 13.92763% midpoint progression can be calculated by multiplying the Salary Grade 1 midpoint of $61,882*(1+.1392763) to attain the midpoint for Salary Grade 2. Each midpoint