## How much do you get paid at Office Max?

The average Office Max Sales Associate earns an estimated $67,257 annually, which includes an estimated base salary of $46,819 with a $20,438 bonus. Office Max’s Sales Associate compensation is $5,796 more than the US average for a Sales Associate.

**How much does a cashier make at Officemax?**

Office Max, Inc. Jobs by Hourly Rate

**How much does Office Depot pay employees?**

Office Depot, Inc. Jobs by Hourly Rate

### How do I find salary ranges?

How to Establish Salary Ranges

**How long until employees reach salary range midpoint?**

The bit of surveying that I have done, and the few sources I have encountered with data on “time to midpoint” practices would suggest that 5 years is a reasonable general benchmark, although practices can vary widely (from 2-3 years on the low end to 10-15 years on the upper end).

**What is a good compa ratio?**

A commonly accepted range for compa-ratios is 80% to 120%, which divided into 5 zones are: 80-87% ” new, inexperienced, or unsatisfactorily-performing incumbents. 88-95% ” those gaining experience but not yet fully competent in the job. 96-103% ” fully competent performers performing the job as defined.

## What is a .75 compa ratio?

A ratio of 0.75 means that the employee is paid 25% below the industry average and is at the risk of seeking employment with competitors at a higher pay that is perceived equitable. A ratio of 1.15 compa-ratio would mean the employee is paid above the industry average.

**How is group compa-ratio calculated?**

To calculate a group compa ratio, add up the salaries of all of the employees in the group. Next, add up the midpoints of the salary ranges for each employee. Divide the total salary amount by the total of all the midpoints.

**What is a merit pay plan?**

Merit pay, also known as pay-for-performance, is defined as a raise in pay based on a set of criteria set by the employer. This usually involves the employer conducting a review meeting with the employee to discuss the employee’s work performance during a certain time period.

### How do you find the midpoint of a salary?

How Do You Calculate the Midpoint of a Salary Range? 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.

**What is salary competitiveness ratio?**

The Salary Competitiveness Ratio is the figure you get by dividing the average salary your company is currently offering by the average salary paid by one of your competitors.

**What is salary range percentile?**

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. 50% earn less than $20.00; 50% earn more than $20.00 (The 50th percentile is called the Median). 75% earn less than $24.00; 25% earn more than $24.00.

## What percentile is 100k salary?

How many people made $100,000 or more in 2020? 28,092,101 workers, or 15.9% of all individual workers, made a six-figure income.

**What is the 25th 50th and 75th percentile in compensation?**

US Percentile Wages The 25th percentile salaries in the U.S. were $22,150 per year. At the 75th percentile, salaries for Americans were $54,250 per year. The annual 90th percentile salary rate was $83,140. The 50th percentile or median salary for all jobs in the U.S. was $33,840 per year.

**What is 95th percentile salary?**

Household income over time

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