Thursday, September 27, 2007

What do the salary percentiles mean?

Salary data provided for occupations is given in an annual salary amount or an hourly wage rate. On the job details page, it is provided at the following percentiles: 10, 25, 50, 75, and 90. The dollar value given at a percentile shows the salary distribution for the job and can be interpreted as follows:
At the 10th percentile, ten percent of workers employed in that occupation earn less and 90 percent earn more than the estimated wage value.
At the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value.
At the 50 percentile (also referred to as the median), 50 percent of workers employed in that occupation earn less and 50 percent earn more than the estimated wage value.
At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.
At the 90th percentile, 90 percent of workers employed in that occupation earn less and 10 percent earn more than the estimated wage value

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