Courses / Job Specs & Offer Strategy
20. Compensation Band - Midpoint
Define the midpoint (market-competitive target) salary value used for hiring and progression calibration.
Writing Clear Job Specs, Compensation Bands, and Offer Strategy
Compensation Band - Midpoint
The midpoint is the market-competitive target salary for a role used to guide hiring and pay progression.
"I need a single target number so hiring teams and managers agree on what 'market rate' means for this role."
The midpoint is the central salary value of a compensation band representing the competitive market rate for fully competent performance in a role; offers and progression are calibrated around it.
"I need a single target number so hiring teams and managers agree on what 'market rate' means for this role."
The midpoint is the central salary value of a compensation band representing the competitive market rate for fully competent performance in a role; offers and progression are calibrated around it.