salary midpoint

The salary midpoint, also known as the midpoint of a salary range, represents the middle point of an established salary range for a specific job or position. This midpoint is calculated by taking the sum of the minimum and  salaries for a position and dividing it by two. 

The salary midpoint typically represents the competitive compensation an organization offers new hires or existing employees with moderate experience and skills. This figure should align with the current market salary data for the position to ensure pay equity. Additionally, it acts as a benchmark for internal salary decisions and negotiations for mid-level talent.