HR Glossary

Median wage

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Median wage definition

Median wage refers to the borderline between the highest and lowest (50:50) pay of workers in a specific position or occupation.

what-is-median-wage

Median wage definition

Median wage refers to the borderline between the highest and lowest (50:50) pay of workers in a specific position or occupation. It represents an accurate reflection of the average wage as it cuts the extremes at either end of the scale.

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