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Transportation, storage, and distribution managers. Elevator installers and repairers. Detectives and criminal investigators. First-line supervisors of non-retail sales workers. Transportation inspectors. Postmasters and mail superintendents.
In 2014, workers without high-school diplomas earned $24,000 annually. Workers with high-school diplomas earned $30,500. Workers who completed some college earned $31,900 and workers with a bachelor's degree earned $49,900. Workers with a master's degree or higher earned $59,200.
The Average Salary With a High School Diploma Earnings are higher for those with a high school diploma. Median weekly earnings for workers with a high school diploma equal $678. That works out to $35,256 per year.
Full-time workers without a high school diploma had median weekly earnings of $515, compared with $718 for high school graduates from (no college) and $1,189 for those with a bachelor's degree. Full-time workers with advanced degrees (professional or master's degree and above) had median weekly earnings of $1,451.
Earnings. Individuals holding a bachelor's degree earn about $2.27 million over their lifetime, according to “U.S. News and World Report.” Workers who hold a master's degree earn $2.67 million, while individuals with a doctoral or professional degree earn between $3.25 million and $3.65 million.
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.
Salary range generally has a minimum pay rate, a maximum pay rate, and a series of mid-range opportunities for pay increases. The salary range is determined by market pay rates, established through market pay studies, for people doing similar work in similar industries in the same region of the country.

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