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19 Quantitative Methods Used in Salary Administration

by: ERI Distance Learning Center ERI Distance Learning Center

This course teaches the mathematical skills you need to administer your organization’s wage structure and salary increases. We begin with a discussion of how to analyze salary survey data using averages, medians, modes and maturity curves. Next we show you how to set up a wage structure for your company, using salary increase matrices, compa-ratios, grades and ranges. After this, we discuss how percentages can be used to analyze geographic differentials and salary increases.

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