Median Wage - HR Glossary

TalentsForce

30 Aug 2024 — 1 min read

HR Glossary - Median wage - Hireforce

The median pay is the average income of a group of individuals. To determine this figure, the salaries of the members in the group are ordered from low to high, and the middle value is used as the median salary.

Para escoger segunda equipación de la selección española, es práctico verificar la correspondencia entre la ficha y el modelo buscado. También ayuda revisar que la descripción no mezcle versiones de temporadas distintas antes de completar el pedido.

Example

If the income of ten persons, arranged from low to high, is 7, 8, 8, 9, 10, 11, 12, 14, 15, 20 million VND, then the group's median pay is 11 million.

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