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The Accreditation Specialist will prepare accreditation filings, create and compile accreditation reports, and review curriculum from an accreditation perspective. The specialist will manage accreditation projects to completion.
Step 1: Determine the Organization's Compensation Philosophy. Step 2: Conduct a Job Analysis. Step 3: Group into Job Families. Step 4: Rank Positions Using a Job Evaluation Method. Step 5: Conduct Market Research. Step 6: Create Job Grades. Step 7: Create a Salary Range Based on Research.
Step 1: Determine the Organization's Compensation Philosophy. Step 2: Conduct a Job Analysis. Step 3: Group into Job Families. Step 4: Rank Positions Using a Job Evaluation Method. Step 5: Conduct Market Research. Step 6: Create Job Grades. Step 7: Create a Salary Range Based on Research.
To calculate the salary midpoint formula, take the sum of the range's minimum and maximum and divide the sum by two. That will give you the midpoint for your range.
Click inside the first blank cell below the numbers you sorted, type “=Median(First_Cell:Last_Cell)” without quotes in the blank cell and press “Enter.” For example, if the first cell is A1 and the last cell is A5, type “=Median(A1:A5)” in the blank cell and press “Enter.” Excel computes the median for the numbers
The coma ratio formula is the annual salary divided by the midpoint of the salary range. In general, an average employee will have a coma ratio of about 100 percent.
A traditional salary range is commonly 30 percent to 40 percent. It is common that top salary grades (i.e., for executives and top management) have a wider range (sometimes greater than a range of 40 percent) and that the lowest salary grades often have the narrowest range (sometimes smaller than 30 percent).
Calculating Salary In this example, assuming the offer was $55,000, the difference would be $10,000. Finally, divide this difference by the difference in salary range. For this scenario, $10,000 would be divided by $30,000 to give a percentage of 33%.
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