Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.
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Mid-range wage is the middle 50 percent in a given distribution, or sometimes the range between the twenty-fifth and seventy-fifth percentiles. In other words, 25 percent of salaries are lower than the lowest boundary of the mid-range, while 25 percent of salaries are higher than the highest boundary of the mid-range. The mid-range is used in statistical analysis of wages, and is also used in calculating median wage and the mean wage.
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