Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Weighted Mean

Reflects equally the number of incumbents in a survey. If companies participating are truly representative of the market, then the data should reflect the market value of the job. The weighted mean answers the question, 'On average, what are incumbents in a particular job paid?'
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Weighted Average

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Welfare Benefit Plans

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