| comp., MS |
median value (The middle value in a set of ordered numbers. The median value is determined by choosing the smallest value such that at least half of the values in the set are no greater than the chosen value. If the number of values within the set is odd, the median value corresponds to a single value. If the number of values within the set is even, the median value corresponds to the sum of the two middle values divided by two); midpoint (The reference point that is midway between a range minimum and maximum in a graded compensation plan. It represents the intended average pay for all employees at a certain compensation level) |
