Melissa says she feels so pressured and judged that no one knows who she really is. âI want a chance for people to get to know me,â she says. âI am not a predator â¦ I did not set out to go after him.â. âThere is a way you can get through this without doing 15 years,â Dr. Phil tells Melissa.
$60,000 is the maximum for your salary range. In this example, your full salary range would be $40,000 to $60,000 with a midpoint of $50,000. You are well on your way to establishing your formal compensation plan.Next comes the work of implementing and communicating your new plan.n this example, your full salary range would be $40,000 to $60,000 with a midpoint of $50,000. You are well on your way to establishing your formal compensation plan. Next comes the work of implementing and communicating your new plan.
Step 2. Calculate how much more the position is worth to a well-qualified employee. Once you have your midpoint, you can add on to that amount to come up with the high end of the salary. One fair way is to establish an overall range, typically set at 40 percent.The midpoint represents center, so the high point would be an average of 17 percent more than the midpoint. This is called width of salary.tep 3. Establish the low point. Go back to your midpoint salary range and if you are still using the 40 percent width rule, deduct 17 percent from the midpoint. This will give you the amount for the low end of the pay spectrum.