How can i estimate the latest median every hour rates?
Companies report the new mean hourly price for every collection off teams with the same establishment, pay band, business classification, race/ethnicity, and you will sex combination. The brand new suggest every hour price was determined with the addition of the individual each hour cost each personnel in the category, then splitting you to contribution because of the level of team from the class.
Example: Worker An effective and you can Worker B are definitely the just two employees classified in identical business, pay band, employment group, race/ethnicity, and sex integration. Personnel A’s each hour speed was $, and Staff member B’s hourly rate are $. The imply hourly rates to the group are definitely the share of the two each hour rates ($) divided from the level of personnel (2) otherwise $.
Example: Staff A beneficial-D are common in the same business, spend ring, job group, race/ethnicity, and you may sex consolidation Their each hour costs was $, $, $, and $
If there is only one worker grouped in the same establishment, shell out band, work group, race/ethnicity, and sex consolidation, you to employee’s every hour rate try said while the imply each hour price. (mehr …)