Examlex
The statistical discrepancy account:
Compa-ratio
A metric comparing an individual's salary to the midpoint of the market rate for similar positions.
Pay Dispersion
The extent to which salaries vary within a company or organization, often measured by the difference between the highest and lowest paid positions.
Pay Range
The scale of minimum to maximum amounts of compensation that an organization is willing to pay for a specific job or level of responsibility.
Dispersion
The spread or variability of data points, outcomes, or values from a central value such as the mean or median, used to measure diverse or distributed characteristics.
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