Formulas

Salary Survey provides data and system applies formulas on them aiming at obtaining values for many salary lines from floor 9th Decile to ceiling 1st Decile). Description of formulas:

Sf = Frequency (Number of employees with determined salary)

Xi = Salary (Employee Salary)

Sf

Xi

XiSf

Xi2Fi

1

2

1

1,000.00

1,100.00

1,200.00

1,000.00

2,200.00

1,200.00

1,000,000.00

2,420,000.00

1,440,000.00

4

3,300.00

4,400.00

4,860,000.00

Average:

Average is value that is located in central of data. Average means balance. In Position and Salary module, average is calculated as follows:

Where:

A = Average

Xi = Salary

Sf = Frequency

N = Number of elements of sample