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Incumbent weighted means of base pay should be calculated

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Incumbent weighted means of base pay should be calculated for each benchmark job from the survey data. Incumbent weighted means, as compared to organization weighted mean (i.e. simple means), are calculated to better represent the market data. Incumbent weighted median can better represent the market data if it is available. Since the median data are not available in this case, we will focus on averages here.

Reference no: EM133472951

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