Weighted Average

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Term: Weighted Average

Definition:The average of the total population or number of incumbents reported. For each job, it is computed by multiplying each company's average salary by their number of incumbents, adding these values, and dividing by the total number of incumbents for each job.

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CoursePage Number
19 - Quantitative Methods Used in Salary Administration 4
FAQs Policies
"I enjoyed the CAC course format and materials. I found the material thorough and concise so attendees can learn the specifics of compensation principles and practices."
Janet Krebs, Senior Compensation Analyst
"You have a very complete offering of on-line courses. A colleague introduced me to the website. I have a PHR and am looking for good continuing education courses at a reasonable price. Having also used another HR training website, I found your course more engaging."
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World at Work
CPE Sponsors - Registry
CPE Sponsors - QAS
CAC
CCC

The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®