Pay comparisons should use median, not average

11/15/2011 |

Compare your workers' pay to salary medians, not averages, when evaluating how your compensation packages measure up, Eliza Polly writes. "Best practice in compensation is to primarily consider the median/midpoint and the reason is quite simple. The mean or average is very sensitive to outliers, or abnormally low or high values, while medians are much less affected by outliers," Polly writes.

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