Work out pay band midpoint instantly with clear inputs, formula shown and shareable results.
The band midpoint is the reference point representing the market rate for a fully competent job holder, and range spread — maximum over minimum less one — indicates how much room the band allows for progression. Junior bands typically spread 30-40%, executive bands 60-80%.
Midpoint
Midpoint = (Minimum + Maximum) / 2
Range spread
Spread % = (Maximum / Minimum - 1) x 100
That is the usual design intent, so a fully competent performer paid at midpoint is paid at market.
Because the performance difference between an adequate and an outstanding senior contributor is far larger, and progression within the role lasts longer.